Dominovas Energy Corporation (DNRG) Delivering an
Post# of 151
Posted On: 12/11/2015 3:22:05 PM
Dominovas Energy Corporation (DNRG) Delivering an Efficient, Cost Effective Solution to Power Generation
In October, Dominovas Energy Corporation (OTC: DNRG) announced a landmark capital commitment of $1.2 billion in project financing to support the manufacture and deployment of its proprietary RUBICON™ solid oxide fuel cell (SOFC) system. This unprecedented commitment is expected to play a pivotal role in the company’s ongoing efforts to fulfill over 200MWs of signed and guaranteed power purchase agreements (PPAs) in the Democratic Republic of the Congo and allow for continued acquisition of additional PPAs throughout sub-Saharan Africa.
At the heart of DNRG’s recent performance is its cutting-edge multi-megawatt RUBICON™ SOFC system. The RUBICON™ is a fuel-flexible, highly efficient, and scalable approach to power generation. Taking into account that fuel sources vary from country to country, the RUBICON™ is able to incorporate a number of different fuels into its operation. In fact, DNRG states that the RUBICON™ will reform almost any hydrocarbon fuel into a suitable syngas composition, allowing for optimal stack electricity generation. Also, by implementing a thermal conversion process, DNRG’s technology is able to achieve a significant efficiency gain of roughly 60 percent over any combustion-based electricity production process.
In addition to improved efficiency, the RUBICON™ provides the means for additional value propositions through the flexibility of cogeneration. When generating power, the SOFC system produces useful heat and emits water, which can be further utilized for heating and cooling, providing an opportunity to improve overall system efficiency to more than 85 percent. When combined with the option to place power generation in the immediate proximity to the end-user in order to eliminate the high costs of infrastructure and transmission line maintenance, the RUBICON™ offers frontier markets around the globe an opportunity to greatly improve their power generation capacity in an affordable, efficient and environmentally-responsible manner.
For prospective shareholders, DNRG represents an opportunity to invest in the ongoing infrastructure development of countries in sub-Saharan Africa and around the world. According to a report by McKinsey & Company, sub-Saharan Africa currently includes seven countries with electrification of 50 percent or less, but that statistic is set to change. By 2040, the report estimates that demand for electricity will increase fourfold and more than 70 percent of the population will have access to reliable power. As DNRG prepares to fulfill its first PPA in the region in the coming months, this demand should place the company in a strong strategic position to promote sustainable financial growth.
For more information, visit www.dominovasenergy.com
Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com
In October, Dominovas Energy Corporation (OTC: DNRG) announced a landmark capital commitment of $1.2 billion in project financing to support the manufacture and deployment of its proprietary RUBICON™ solid oxide fuel cell (SOFC) system. This unprecedented commitment is expected to play a pivotal role in the company’s ongoing efforts to fulfill over 200MWs of signed and guaranteed power purchase agreements (PPAs) in the Democratic Republic of the Congo and allow for continued acquisition of additional PPAs throughout sub-Saharan Africa.
At the heart of DNRG’s recent performance is its cutting-edge multi-megawatt RUBICON™ SOFC system. The RUBICON™ is a fuel-flexible, highly efficient, and scalable approach to power generation. Taking into account that fuel sources vary from country to country, the RUBICON™ is able to incorporate a number of different fuels into its operation. In fact, DNRG states that the RUBICON™ will reform almost any hydrocarbon fuel into a suitable syngas composition, allowing for optimal stack electricity generation. Also, by implementing a thermal conversion process, DNRG’s technology is able to achieve a significant efficiency gain of roughly 60 percent over any combustion-based electricity production process.
In addition to improved efficiency, the RUBICON™ provides the means for additional value propositions through the flexibility of cogeneration. When generating power, the SOFC system produces useful heat and emits water, which can be further utilized for heating and cooling, providing an opportunity to improve overall system efficiency to more than 85 percent. When combined with the option to place power generation in the immediate proximity to the end-user in order to eliminate the high costs of infrastructure and transmission line maintenance, the RUBICON™ offers frontier markets around the globe an opportunity to greatly improve their power generation capacity in an affordable, efficient and environmentally-responsible manner.
For prospective shareholders, DNRG represents an opportunity to invest in the ongoing infrastructure development of countries in sub-Saharan Africa and around the world. According to a report by McKinsey & Company, sub-Saharan Africa currently includes seven countries with electrification of 50 percent or less, but that statistic is set to change. By 2040, the report estimates that demand for electricity will increase fourfold and more than 70 percent of the population will have access to reliable power. As DNRG prepares to fulfill its first PPA in the region in the coming months, this demand should place the company in a strong strategic position to promote sustainable financial growth.
For more information, visit www.dominovasenergy.com
Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com
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