1414 Degrees Limited is an Australia-based company that is engaged in developing and commercializing its silicon-based thermal energy storage technology. The Company is engaged in commercializing bulk energy storage solutions to transform intermittent renewable generation into baseload electricity and decarbonize heat supply. It is focused on SiBox technology. SiBox stores renewable energy and supplies both heat and electricity in the proportions required by consumers. The Company’s technology uses renewable electricity or biogas to provide combined heat and power solutions for consumers while stabilizing electricity grids. It is developing a hybrid power plant with long-duration storage output through the Aurora Energy Project located near Port Augusta, South Australia. The focus of the project is to develop a renewable energy project delivering electricity to the region and National Electricity Market (NEM).