Wednesday, March 16, 2016

Dominovas Energy Corporation (DNRG) – Developing Solutions for Developing Economies

Dominovas Energy Corp. (OTCQB: DNRG) is resolute about its mission to electrify the world. Using a calculated approach backed by its technical prowess and access to project financing, Dominovas is moving forward with its plans to introduce and deploy technology that will transform the way electricity is delivered on the continent of Africa.

Using a complex set of solutions, Dominovas Energy addresses concerns about toxic carbon emissions, as well as reducing instances of equipment maintenance and inefficiencies. These are pervasive issues linked to power generation from diesel generators, combined-cycle gas-fired turbine power plants and other combustion-centric technologies. These are also major issues that result in increased costs.

After recognizing that alternative energy markets, like those in Africa, have massive potential for growth, Dominovas Energy began focusing its intellectual and financial capital on devising a green energy solution that is reliable, efficient and measurably cleaner than other alternatives. With its proprietary RUBICON™ Solid Oxide Fuel Cell (SOFC) technology, Dominovas Energy is preparing to deploy such a solution in multi-megawatt power generation units worldwide.

Countries and companies have entrusted Dominovas Energy to deliver its 21st century energy solutions and technology, having executed guaranteed multi-MW contracts in the Congo and having received a license to produce electricity in Angola. Last summer, the company publicized the execution of a guaranteed 200MW multi-year Power Provider Agreement (PPA) with the Democratic Republic of the Congo. As a result of the PPA, Dominovas Energy was tasked with providing electricity to the country’s South Kivu Province using its RUBICON™ Solid Oxide Fuel Cell system.

Late in the year, Dominovas Energy made strides in Angola, as well. The Angolan Ministry of Petroleum granted the company an independent Power Producer license that authorizes it to provide clean and reliable electricity to companies within the country’s oil and gas industry. Along with demonstrating the Angolan leadership’s dedication to new technologies, this marked a significant moment for Dominovas Energy: its RUBICON™ system became the first and only fuel cell-based technology solution to have been granted this license in Angola. This substantial accomplishment was also a capstone of the work the Dominovas Energy management team has done to push ahead the commercial proliferation of its SOFC fuel cell technology.

For more information, visit www.dominovasenergy.com

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