Dominovas Energy Corp. (DNRG): Solid Prospects with its Innovative SOFC Technology
In a previous post, we wrote the innovative RUBICON™ solid-oxide fuel cell (SOFC) “is constructed of all solid components.” We would like to correct that statement to say that the RUBICON™ is designed to be constructed of all solid components. Also, it’s important to note that the SOFC technology can be more complex than that simple description suggests. This article clarifies the earlier statement while also giving more details on the technology and its potential.
The innovative RUBICON™ solid-oxide fuel cell (SOFC), designed by Dominovas Energy Corporation (OTCQB: DNRG), is a modular SOFC system that operates at high temperatures (800°C) and has a number of advantages. First, the RUBICON™ employs an electrochemical conversion process for power generation, which is significantly more efficient than combustion based technologies. Second, the RUBICON™ is fuel flexible and capable of reforming multiple fuels, such as natural gas, propane, LPG, diesel, landfill gas and flare gas. Third, the RUBICON™’s modular design is ideal for distributed power generation and operation at multi-MW level. Fourth, the RUBICON™ provides the flexibility of cogeneration, i.e. simultaneous generation of power and useful heat. Fifth, the RUBICON™ produces significantly less amounts of emissions on a per kWh basis. Additionally, the RUBICON™ system is silent, producing minimal noise during operation.
Dominovas’s RUBICON™ system is positioned to capture a share of a global SOFC market that’s expected to enjoy a compound annual growth rate (CAGR) of 9.78 percent over the five-year period from 2016 to 2020. Its growth is being driven by technological advances that will allow SOFC technology to be employed as an alternative to lithium-based batteries.
Dominovas Energy Corporation also has solid management components. Neil Allen is Dominovas’s chairman, president and CEO. Before becoming involved with Dominovas Energy Corporation and Dominovas Energy, LLC, where he was also CEO, he was chairman of Private Asset Group, LLC from 2002 to 2007. Emilio De Jesus is president of Dominovas. Emilio worked at Verizon Communications from 2000 to 2010 in many positions, including that of Systems Development Manager. From 2012 to 2013, he was a director of Grupo Jemilce. Dominovas’s chief operating officer is Michael Watkins. Previously, Michael was vice president and managing member of Dominovas Energy, LLC from 2007 until the merger with Western Standard Energy Group.
Dr. Shamiul Islam is Executive VP for Fuel Cell Operations. Dr. Islam is one of the foremost experts on solid oxide fuel cell technology. His expertise extends to SOFC materials, research and their development. His knowledge of the design and construction of bench scale testing systems for high temperature chemical reactions is unparalleled in the industry. He has at least two registered patents in his name. Dr. Islam worked at the University of Calvary as Postdoctoral Fellow in the Dept. of Chemical & Petroleum Engineering during the period July 2013 – April 2014. He received his PhD in Chemical Engineering from the University of Calgary, Canada.
Eric Fresh is Senior Vice President of Finance and Investments. With more than 15 years in investment banking, private equity and corporate advisory services, Eric has extensive experience in the execution of special situation transactions involving structured debt and equity financings for project finance. As Senior Vice President, Eric will lead and manage Dominovas’s capital investment and deployment program for financing the Company’s power projects. Before joining Dominovas, Eric founded E&K Partners, where he focused exclusively on value creation for middle-market companies, providing strategic management and structured finance advisory services for corporate restructurings, mergers and acquisitions, project finance and operations management. Prior to founding E&K Partners, Eric held senior positions at Morgan Stanley and Salomon Smith Barney.
With solid components like that, Dominovas Energy Corporation is poised for solid growth.
For more information, visit www.dominovasenergy.com
Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com
In a previous post, we wrote the innovative RUBICON™ solid-oxide fuel cell (SOFC) “is constructed of all solid components.” We would like to correct that statement to say that the RUBICON™ is designed to be constructed of all solid components. Also, it’s important to note that the SOFC technology can be more complex than that simple description suggests. This article clarifies the earlier statement while also giving more details on the technology and its potential.
The innovative RUBICON™ solid-oxide fuel cell (SOFC), designed by Dominovas Energy Corporation (OTCQB: DNRG), is a modular SOFC system that operates at high temperatures (800°C) and has a number of advantages. First, the RUBICON™ employs an electrochemical conversion process for power generation, which is significantly more efficient than combustion based technologies. Second, the RUBICON™ is fuel flexible and capable of reforming multiple fuels, such as natural gas, propane, LPG, diesel, landfill gas and flare gas. Third, the RUBICON™’s modular design is ideal for distributed power generation and operation at multi-MW level. Fourth, the RUBICON™ provides the flexibility of cogeneration, i.e. simultaneous generation of power and useful heat. Fifth, the RUBICON™ produces significantly less amounts of emissions on a per kWh basis. Additionally, the RUBICON™ system is silent, producing minimal noise during operation.
Dominovas’s RUBICON™ system is positioned to capture a share of a global SOFC market that’s expected to enjoy a compound annual growth rate (CAGR) of 9.78 percent over the five-year period from 2016 to 2020. Its growth is being driven by technological advances that will allow SOFC technology to be employed as an alternative to lithium-based batteries.
Dominovas Energy Corporation also has solid management components. Neil Allen is Dominovas’s chairman, president and CEO. Before becoming involved with Dominovas Energy Corporation and Dominovas Energy, LLC, where he was also CEO, he was chairman of Private Asset Group, LLC from 2002 to 2007. Emilio De Jesus is president of Dominovas. Emilio worked at Verizon Communications from 2000 to 2010 in many positions, including that of Systems Development Manager. From 2012 to 2013, he was a director of Grupo Jemilce. Dominovas’s chief operating officer is Michael Watkins. Previously, Michael was vice president and managing member of Dominovas Energy, LLC from 2007 until the merger with Western Standard Energy Group.
Dr. Shamiul Islam is Executive VP for Fuel Cell Operations. Dr. Islam is one of the foremost experts on solid oxide fuel cell technology. His expertise extends to SOFC materials, research and their development. His knowledge of the design and construction of bench scale testing systems for high temperature chemical reactions is unparalleled in the industry. He has at least two registered patents in his name. Dr. Islam worked at the University of Calvary as Postdoctoral Fellow in the Dept. of Chemical & Petroleum Engineering during the period July 2013 – April 2014. He received his PhD in Chemical Engineering from the University of Calgary, Canada.
Eric Fresh is Senior Vice President of Finance and Investments. With more than 15 years in investment banking, private equity and corporate advisory services, Eric has extensive experience in the execution of special situation transactions involving structured debt and equity financings for project finance. As Senior Vice President, Eric will lead and manage Dominovas’s capital investment and deployment program for financing the Company’s power projects. Before joining Dominovas, Eric founded E&K Partners, where he focused exclusively on value creation for middle-market companies, providing strategic management and structured finance advisory services for corporate restructurings, mergers and acquisitions, project finance and operations management. Prior to founding E&K Partners, Eric held senior positions at Morgan Stanley and Salomon Smith Barney.
With solid components like that, Dominovas Energy Corporation is poised for solid growth.
For more information, visit www.dominovasenergy.com
Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com
