Before the opening bell, Dominovas Energy Corporation
(OTCQB: DNRG) announced that it has submitted a formal Request for Proposal
(RFP) for the Ekurhuleni Energy Generation Program in Johannesburg, South
Africa. The submission was made in collaboration with the company’s joint venture
partner for the project, Mponeng Holdings [PTY] LTD (MPH), a sustainable energy
management company based in Johannesburg. If awarded, the project would include
a 20 megawatt power purchase agreement (PPA) to provide electricity for
Johannesburg’s Ekurhuleni Metropolitan Municipality, which would be fulfilled
by leveraging Dominovas Energy’s proprietary RUBICON™ Solid Oxide Fuel Cell
technology.
“The submission of this RFP and entering into this ‘JV’
agreement with MPH is an extension of our goal to expand and establish roots in
multiple regions within sub-Saharan Africa,” Michael Watkins, chief operating
officer of Dominovas Energy and president of its Fuel Cell Division, stated in
this morning’s news release. “Having set our sights initially on the 50kW
Showcase for Johannesburg, we believe it is critical that the follow-up and
immediate next steps be in place and determined early in the process to
maintain the momentum we hope to create with the installation of the ‘Showcase’.”
In recent months, Dominovas Energy has placed much of its
focus on the delivery of its RUBICON™ ‘showcase’ unit to South Africa’s
University of Johannesburg. Since the initial announcement of the project in
May 2016, the company’s management team has completed multiple site visits to
determine the actual site and deployment strategy for the unit, as well as to
discuss a possible collaborative venture between Dominovas Energy and the
University of Johannesburg designed to advance the study of fuel cell
technology across sub-Saharan Africa. According to recent updates, the company
is currently on pace to deliver the first system in 2017, with the ultimate
goal of implementing a multi-Megawatt system in the region shortly thereafter.
Delivery of its highly-anticipated RUBICON™ ‘showcase’ unit
is expected to play a key role in Dominovas Energy’s future growth, as
illustrated by the company’s recent progress toward securing additional work
following its implementation. Just last month, Dominovas announced that it has
entered formal negotiations with key officials at the University of Johannesburg
to become one of the main suppliers of electricity for the school’s Johannesburg
campuses. If awarded, this project is expected to entail a minimum of 12
megawatts.
Dominovas Energy has also made efforts to expand its reach
in sub-Saharan Africa outside of South Africa. In September, the company
appointed Dr. Emma Rasolovoahangy as its ambassador for renewable energy
projects and special advisor for the Republic of Madagascar. This move was particularly
exciting when considering Dominovas Energy’s hydro power division, Currentergy.
According to industry estimates, Madagascar boasts a hydro potential of about
7,000 megawatts, making it one of the company’s “top priorities for development
and operation of multiple power projects.”
For more information, visit www.dominovasenergy.com
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