Dominovas Energy Corporation (DNRG) Announces Comp
Post# of 151
Posted On: 11/03/2015 5:01:48 PM
Dominovas Energy Corporation (DNRG) Announces Completion of Concept Design Study for RUBICON™ Solid Oxide Fuel Cell Technology
In recent months, Dominovas Energy Corporation (OTCQB: DNRG) has made considerable progress toward expanding its presence in the promising power generation markets of sub-Saharan Africa. Just last week, the company announced a landmark capital commitment of $1.2 billion in project financing with Graecrest Energy Solutions, effectively validating its business model and demonstrating the feasibility of installing power infrastructure in global and emerging markets. Earlier today, Dominovas Energy took another step toward the commercialization of its innovative RUBICON™ solid oxide fuel cell (SOFC) technology when it announced the completion of a concept design study for the efficient manufacturing of the system.
“Building a mega-watt class SOFC system required a fresh and sustainable approach to address and overcome the engineering challenges for the overall system development,” Dr. Shamiul Islam, executive vice president of fuel cell operations with Dominovas Energy, stated in a news release. “This proprietary study serves as a viable and venerable cornerstone upon which the manufacturing and commercialization process can proceed.”
The concept study – which was completed in concert with AVL List GmbH (AVL), the world’s largest independent developer of powertrain systems – confirmed the specific design details needed to create a groundbreaking precision-engineered system capable of supplying clean, reliable, commercially-viable and sustainable energy to millions of sub-Saharan Africans. With the completion of this study, Dominovas Energy is prepared to enter the next level of detailed design, engineering and manufacturing of its multi-megawatt systems in order to capitalize on its favorable strategic position in the region.
“The results of this study offer a roadmap and confirm the technical feasibility of the ‘commercialization’ of the multi-MW modular RUBICON™ power generation technology,” Dr. Martin Hauth, project manager of fuel cell systems with AVL, stated. “We are very excited to enter into the next phase of system commercialization for deployment with Dominovas Energy.”
In addition to its rapidly expanding presence in sub-Saharan Africa, Dominovas Energy has also recently made strides toward establishing a foothold in the Middle East, as announced in a recent press release, and the Company is moving aggressively to fortify its relationship and standing in the region. This growing global presence stems from rising concerns about climate change, energy security and air pollution, which have driven a persistent demand for environmentally-friendly fuel cell technology in recent years.
Dominovas Energy has eagerly embraced the opportunity to support and deploy its proprietary SOFC technology to address this demand. Look for the company to continue to capitalize on its strategic partnerships in both sub-Saharan Africa and the Middle East in the months to come, as it positions itself to achieve sustainable financial growth. For prospective shareholders, the recently announced completion of the concept design study for its RUBICON™ technology could foreshadow an opportunity for Dominovas Energy to achieve strong returns in the future.
For more information, visit www.dominovasenergy.com
Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com
In recent months, Dominovas Energy Corporation (OTCQB: DNRG) has made considerable progress toward expanding its presence in the promising power generation markets of sub-Saharan Africa. Just last week, the company announced a landmark capital commitment of $1.2 billion in project financing with Graecrest Energy Solutions, effectively validating its business model and demonstrating the feasibility of installing power infrastructure in global and emerging markets. Earlier today, Dominovas Energy took another step toward the commercialization of its innovative RUBICON™ solid oxide fuel cell (SOFC) technology when it announced the completion of a concept design study for the efficient manufacturing of the system.
“Building a mega-watt class SOFC system required a fresh and sustainable approach to address and overcome the engineering challenges for the overall system development,” Dr. Shamiul Islam, executive vice president of fuel cell operations with Dominovas Energy, stated in a news release. “This proprietary study serves as a viable and venerable cornerstone upon which the manufacturing and commercialization process can proceed.”
The concept study – which was completed in concert with AVL List GmbH (AVL), the world’s largest independent developer of powertrain systems – confirmed the specific design details needed to create a groundbreaking precision-engineered system capable of supplying clean, reliable, commercially-viable and sustainable energy to millions of sub-Saharan Africans. With the completion of this study, Dominovas Energy is prepared to enter the next level of detailed design, engineering and manufacturing of its multi-megawatt systems in order to capitalize on its favorable strategic position in the region.
“The results of this study offer a roadmap and confirm the technical feasibility of the ‘commercialization’ of the multi-MW modular RUBICON™ power generation technology,” Dr. Martin Hauth, project manager of fuel cell systems with AVL, stated. “We are very excited to enter into the next phase of system commercialization for deployment with Dominovas Energy.”
In addition to its rapidly expanding presence in sub-Saharan Africa, Dominovas Energy has also recently made strides toward establishing a foothold in the Middle East, as announced in a recent press release, and the Company is moving aggressively to fortify its relationship and standing in the region. This growing global presence stems from rising concerns about climate change, energy security and air pollution, which have driven a persistent demand for environmentally-friendly fuel cell technology in recent years.
Dominovas Energy has eagerly embraced the opportunity to support and deploy its proprietary SOFC technology to address this demand. Look for the company to continue to capitalize on its strategic partnerships in both sub-Saharan Africa and the Middle East in the months to come, as it positions itself to achieve sustainable financial growth. For prospective shareholders, the recently announced completion of the concept design study for its RUBICON™ technology could foreshadow an opportunity for Dominovas Energy to achieve strong returns in the future.
For more information, visit www.dominovasenergy.com
Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com
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