Biogas South Australia
world’s biggest lithium ion battery at Neoeon’s Hornsdale Wind Farm in the state’s Mid-North. South Australian Energy and Mining Minister Dan van Holst Pellekaan said the 1414 Degrees project showed that South Australia continued to lead the way with energy technology development. “This new thinking is solving
problems and creating opportunities as we transition to a new energy environment,” he said. “It will take innovative companies
like 1414 Degrees to ensure energy security.” The company, previously known
as Latent Heat Storage, began developing the technology a decade ago in partnership with Adelaide- based engineering consultancy ammjohn, and the University of Adelaide. Approximately $30 million has
been invested in 1414 Degrees since December, 2016, when it became an unlisted public company – including $16.3 million that was raised in its IPO
Industry News
last year ahead of its ASX listing in September. Dr Moriarty said the company
had a clear vision to scale its TESS technology to gigawatt hour capacity to stabilise renewable generation. He said 1414 Degrees’ energy
storage systems would support grid stability by feeding power back into the grid at peak times and provide heat for industrial purposes in a bid to increase reliability and reduce costs.
“Our progress today marks another
step forward,” Dr Moriarty said. 1414 Degrees commissioned its first 10MWh electrically charged TESS-IND in late 2018, which was verified by international certification agency Bureau Veritas after demonstrating its initial prototype in 2016.
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