A solid oxide fuel cell (SOFC) is a fuel cell that produces
electricity through an electrochemical process. SOFCs offer low emissions,
long-term stability, high efficiency, and fuel flexibility. The excellent fuel
flexibility of the devices permits the use of safe, cheaper, and readily
available hydrocarbons such as natural gas, methane, and syngas. SOFCs,
however, function at a high operating temperature, usually within the range of
800°C-1000°C for the activation of the electrolyte, making them far less
susceptible to carbon monoxide poisoning and thereby, longer lasting. Analysts
forecast the global SOFC market to grow at a compound annual growth rate of
9.78 percent during the period from 2016-2020 (Estimated market value of
$614.92 billion in 2015).
Dominovas Energy Corp. (OTCQB: DNRG) is an energy solutions
company dedicated to delivering clean, efficient and reliable electricity to
areas of the world that lack this precious commodity on a multi-megawatt scale.
At the heart of Dominovas Energy’s Fuel Cell Division is a revolutionary
”disruptive technology” and energy solution powered by the RUBICON™ Series SOFC
Technology.
Led by the incomparable scholar, professor, and visionary
Dr. Shamiul Islam, the RUBICON™ is expected to achieve more than 50 percent
fuel-to-electricity efficiency, providing cost effective, clean,
significantly-reduced emissions with silent operations in modular
multi-megawatt power arrays. The proprietary system is also uniquely capable of
reforming and converting multiple fuel stocks such as natural gas and bio-fuel,
and is expected to become the “PLATINUM Standard” by which all other fuel cell
technologies are measured.
Renewable energy will represent the largest single source of
electricity growth over the next five years, driven by falling costs and
aggressive expansion in emerging economies, according to the International
Energy Agency’s annual market report. The report sees the share of renewable
energy in global power generation rising to over 26 percent by 2020 from 22
percent in 2013 – a remarkable shift in a very limited period of time. By 2020,
the amount of global electricity generation coming from renewable energy will
be higher than today’s combined electricity demand of China, India and Brazil.
The report says the geography of deployment will
increasingly shift to frontier economies and developing countries, which will
make up two-thirds of the renewable electricity expansion to 2020. China alone
will account for nearly 40 percent of total renewable power capacity growth and
requires almost one-third of new investment to 2020.
For more information, visit www.dominovasenergy.com
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