Dominovas Energy (OTC: DNRG), an Atlanta-based
energy-solutions company, today issued details of its sub-Saharan Africa tour
of South Africa, Democratic Republic of the Congo (DRC), and Mozambique.
Dominovas Energy senior executives are meeting with public and private sector
leaders, off-takers, country managers and other operating partners in
coordination and planning for both existing and prospective deployments of the
company’s proprietary RUBICON™ systems. During the tour, Dominovas Energy
executives have also met with Power Africa financial institution partners.
VIEW PHOTOS: http://DTN.fm/DRC-Meeting
“This trip has been a phenomenal success, in that we have
experienced first-hand the benefits of being a Power Africa partner, by
connecting with other Power Africa partners,” Eric Fresh, Dominovas Energy’s
SVP of Finance and Investments, stated in the news release. “These are dynamic
financing environments for power and infrastructure projects in sub-Saharan
Africa. We are incredibly impressed with how engaged and motivated these
sources of capital are in support of the deployment of clean, reliable and
sustainable power generation assets, like our RUBICON™ system.”
The company noted that beyond engaging with the financing
community, the trip has enabled Dominovas Energy to engage principal
stakeholders for its projects based in the DRC, as well as other prospective
projects in various stages of the sales cycle.
“The Dominovas Energy team has been pleasantly surprised and
is appreciative of the tremendous reception we received when we arrived in
Johannesburg last week to meet with officials. We knew the momentum would
continue through this week in the DRC, as these activities are a culmination of
the relationships we have organically cultivated, as well as those which have
been further enhanced as a Power Africa partner,” said Michael Watkins, COO and
president of the Fuel Cell Division. “As anticipated, we have expanded the
overall interest and enthusiasm for the RUBICON™ as an impactful and clean
energy solution, further solidifying our market stronghold and commitment in
Africa.”
“This week, we will complete our summer African tour in
South Africa, Mozambique and the DRC … the DRC, of course, is where we have
over 200MW of signed and executed guaranteed PPAs,” stated Emilio De Jesus,
president of the Africa Division of Dominovas Energy. “To keep the 200MW in
proper context, once deployed, the RUBICON™ will produce more than 1.7 million
MW-hours of fuel cell generated power for the country, enough to supply power
to over 200,000 homes. Equally important, the conversation and dialogue we have
advanced with strategic project financing partners brings us precipitously
closer to securing the type of financing required to ensure we deliver on the
broader Power Africa goals of adding 60 million new electricity connections and
generating 30,000 megawatts of new and cleaner power.”
For more information, visit www.dominovasenergy.com.
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