News
Listed clean energy company 1414 Degrees has appointed oil and gas executive Matthew Squire as its Chief Executive Officer, less than a month after parting ways with its previous managing director following an investigation into allegations of workplace misconduct.
Business
In this week’s briefcase, 1414 Degrees’ executive chair calls it a day, work begins on a major utility project on Eyre Peninsula and a local solar panel recycler gains approval to set up a site in Brisbane.
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Eyre Peninsula oyster producer Angel Seafood has reported record sales of 2.7 million in the September quarter as its retail strategy grows at pace and restaurants around Australia increase capacity.
The value of Adelaide-based thermal energy storage company 1414 Degrees has nose-dived following a review, which showed its technology was less efficient and reliable than previously forecast.
South Australian thermal energy storage company 1414 Degrees will buy SolarReserve’s ill-fated Aurora site in Port Augusta to build a solar farm and large-scale storage system.
The key to a reliable, green, decentralised and affordable electricity system is to add a new energy storage charge to every power bill, an SA energy industry leader has told InDaily.
