ENERGY TRANSITION

Shareholders desert 14D as review finds more R&D needed

THERMAL energy hopeful 1414 Degrees told shareholders its expectations for the sale of its thermal energy storage system (TESS) were “optimistic” and key components of its tech needed significant development to deliver reliable results.

Shares slide 39% in mass selloff

Shares slide 39% in mass selloff

The company's share price dove 39.2% at market close today off the back of the announcement. 14D executive chairman Kevin Moriarty said findings were based on a commercial review he commissioned...

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