14D – 1414 Degrees Limited
The TESS is intended to provide affordable and reliable renewable energy storage. The Company’s TESS devices are versatile and scalable, differentiating them from other storage systems and technologies.
The Company has four modular TESS designs based on the core silicon phase change storage technology:
1. The TESS-GRID has an architecture allowing it to store bulk energy at very high current flows and supply electricity and heat for long periods. The device is aimed at providing energy security in electricity markets with substantial renewable generation.
2. The TESS-InD is designed for industries and residential developments requiring reliable electricity and heat energy from renewable generation.
3. The TESS-STEaM is designed for industries with a very high demand for heat compared to electricity. It is designed as a very high efficiency steam generator to replace gas or other energy sources with renewable energy.
4. The GaS-TESS is being developed to burn waste gas and store the energy for recovery as electricity and heat. Its market is waste management utilities and entities requiring efficient waste gas disposal and flexible energy supply.
It is anticipated that 14D will list on the ASX during June 2018.
