In a previous post, we wrote the innovative RUBICON™
solid-oxide fuel cell (SOFC) “is constructed of all solid components.” We would
like to correct that statement to say that the RUBICON™ is designed to be
constructed of all solid components. Also, it’s important to note that the SOFC
technology can be more complex than that simple description suggests. This
article clarifies the earlier statement while also giving more details on the
technology and its potential.
The innovative RUBICON™ solid-oxide fuel cell (SOFC),
designed by Dominovas Energy Corporation (OTCQB: DNRG), is a modular SOFC
system that operates at high temperatures (800°C) and has a number of
advantages. First, the RUBICON™ employs an electrochemical conversion process
for power generation, which is significantly more efficient than combustion
based technologies. Second, the RUBICON™ is fuel flexible and capable of
reforming multiple fuels, such as natural gas, propane, LPG, diesel, landfill
gas and flare gas. Third, the RUBICON™’s modular design is ideal for
distributed power generation and operation at multi-MW level. Fourth, the
RUBICON™ provides the flexibility of cogeneration, i.e. simultaneous generation
of power and useful heat. Fifth, the RUBICON™ produces significantly less
amounts of emissions on a per kWh basis. Additionally, the RUBICON™ system is
silent, producing minimal noise during operation.
Dominovas’s RUBICON™ system is positioned to capture a share
of a global SOFC market that’s expected to enjoy a compound annual growth rate
(CAGR) of 9.78 percent over the five-year period from 2016 to 2020. Its growth
is being driven by technological advances that will allow SOFC technology to be
employed as an alternative to lithium-based batteries.
Dominovas Energy Corporation also has solid management
components. Neil Allen is Dominovas’s chairman, president and CEO. Before
becoming involved with Dominovas Energy Corporation and Dominovas Energy, LLC,
where he was also CEO, he was chairman of Private Asset Group, LLC from 2002 to
2007. Emilio De Jesus is president of Dominovas. Emilio worked at Verizon
Communications from 2000 to 2010 in many positions, including that of Systems
Development Manager. From 2012 to 2013, he was a director of Grupo Jemilce.
Dominovas’s chief operating officer is Michael Watkins. Previously, Michael was
vice president and managing member of Dominovas Energy, LLC from 2007 until the
merger with Western Standard Energy Group.
Dr. Shamiul Islam is Executive VP for Fuel Cell Operations.
Dr. Islam is one of the foremost experts on solid oxide fuel cell technology.
His expertise extends to SOFC materials, research and their development. His
knowledge of the design and construction of bench scale testing systems for
high temperature chemical reactions is unparalleled in the industry. He has at
least two registered patents in his name. Dr. Islam worked at the University of
Calvary as Postdoctoral Fellow in the Dept. of Chemical & Petroleum
Engineering during the period July 2013 – April 2014. He received his PhD in Chemical
Engineering from the University of Calgary, Canada.
Eric Fresh is Senior Vice President of Finance and
Investments. With more than 15 years in investment banking, private equity and
corporate advisory services, Eric has extensive experience in the execution of
special situation transactions involving structured debt and equity financings
for project finance. As Senior Vice President, Eric will lead and manage
Dominovas’s capital investment and deployment program for financing the
Company’s power projects. Before joining Dominovas, Eric founded E&K
Partners, where he focused exclusively on value creation for middle-market
companies, providing strategic management and structured finance advisory
services for corporate restructurings, mergers and acquisitions, project
finance and operations management. Prior to founding E&K Partners, Eric
held senior positions at Morgan Stanley and Salomon Smith Barney.
With solid components like that, Dominovas Energy
Corporation is poised for solid growth.
For more information, visit www.dominovasenergy.com
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