Dominovas Energy Corp. (DNRG) Positioned to Power Surf the Rising Fuel Cell Wave

A report, Global SOFC Market 2016-2020, this month from market research firm ReportsnReports predicts that the global solid oxide fuel cell (SOFC) market will enjoy a compound annual growth rate (CAGR) of 9.78 percent over the five-year period from 2016 to 2020. That’s twice the 4.96 percent rate of the S&P 500 from 2001 to 2015. The reporting analysts expect the main driver of this growth to be technological advances that will allow SOFC technology to be employed as an alternative to lithium-based batteries. Another study, by MarketsandMarkets, entitled Solid Oxide Fuel Cell Market, projects the SOFC market will grow from an estimated $2.19 billion in 2013 to $3.32 billion by 2018. Dominovas Energy Corporation (OTCQB: DNRG) is positioned to benefit from this market expansion. It has signaled its intention to acquire Grupo Trébol Holding, a private global energy solutions company with operations and strategic partnerships throughout Central and South America that is based in Guatemala City, Guatemala.

Dominovas Energy has developed the innovative RUBICON™ solid oxide fuel cell. The RUBICON™ is a modular SOFC system that operates at high temperatures (up to 800°C) and has a number of advantages. First, it is constructed of all solid components. Second, its accelerated electrochemical kinetics allow it to proceed without the need for expensive noble metals such as platinum. In some fuel cell applications, noble metals are used to catalyze the chemical reaction. Third, internal fuel reforming is possible and carbon monoxide may be used as a fuel. Fourth, it is more tolerant of fuel contaminants, such as sulfur, since these components dissipate before being deposited on the fuel cell components. And fifth, the RUBICON™ is capable of reforming multiple fuels such as diesel, natural gas, propane, ethanol, syngas (a mixture of carbon monoxide, carbon dioxide and hydrogen), methanol and bio-fuels. Additionally, SOFC systems are virtually silent, just like a battery.

In some ways, fuel cells are very similar to batteries in that electricity is produced by a chemical reaction. Fuel cells are usually grouped together to form a fuel cell stack. Each individual cell contains an anode, a cathode and an electrolyte layer. When a hydrogen-rich fuel such as clean natural gas or renewable biogas enters the fuel cell stack, it reacts electrochemically with oxygen from the air to produce an electric current, heat and water. While a typical battery has a fixed supply of energy, fuel cells continuously generate electricity as long as fuel is supplied.

Dominovas Energy Corporation has identified marketing and sales opportunities for fuel cells in frontier market countries, where electricity supply is frequently unreliable, antiquated, and expensive, as compared to the cost of electricity and its production in the United States. Dominovas Energy works with host nations’ governments. Initial project sizes range from three to 200 megawatts (MW), with eventual project sizes of up to 3,000 MW. Project cost projections range from $25 million and beyond. Dominovas Energy will provide power to the local utilities under power provider agreements (PPAs), and, prior to deployment, it will require specific guarantees, bonding or other credit support, as necessary, where the local contracting entities do not enjoy strong credit ratings.

In the surfing world, you’ll always hear ‘you should have been here yesterday’. That’s definitely something that won’t be said of Dominovas Energy Corporation.

For more information, visit www.dominovasenergy.com

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