ATLANTA, GA -- May 4, 2016 --Dominovas Energy Corporation

New Post Public Reply Private Reply Replies (0) Message Board
times2times2
ATLANTA, GA -- May 4, 2016 --Dominovas Energy Corporation (OTCQB: DNRG), an energy solutions company dedicated to delivering clean, efficient, and reliable electricity, announces the launch of the first RUBICON™ SOFC system in Johannesburg, South Africa. Launched in partnership with the South Africa-based Edison Power Group (EPG), the 50kW RUBICON™ system is set for delivery and full implementation within 90 days and will serve as a demonstration unit for future Edison Power Group sponsored multi-megawatt, utility scale deployments in Africa. The 50kW RUBICON™ produce over 430,000 kilowatt hours of clean, fuel cell generated electricity each year. The 50kW RUBICON™ proof of concept "showcase" unit will be the first solid oxide fuel cell (SOFC) unit to serve baseload capacity anywhere on the African continent.

"South Africa has historically been the energy vanguard and continues to set the pace on the continent for renewable energy solutions and broad-based energy reform by advocating for the adoption of new technology applications for clean power generation. Edison Power Group's commitment in supporting the RUBICON's™ first system in South Africa represents a watershed moment in a series of monumental achievements and milestones for us," stated Shantan Reddy, Chief Executive Officer of Edison Power Group. Dominovas Energy Chairman and CEO Neal Allen added, "Dominovas Energy is honored to have Edison Power Group as a partner, as it has been a stalwart leader in the development and deployment of electricity infrastructure and is a true leader in the electricity sector, not only in South Africa, but also within Africa as a whole. With the vision and leadership of Mr. Reddy and the support of Edison Power Group, the introduction of the RUBICON™ represents a true paradigm shift for the delivery of electricity by Edison Power Group on what will eventually be based upon multi megawatt platforms."

Michael Watkins, COO and President of the Fuel Cell Division, states, "Given the Company's current production schedule, we could not be more excited about the opportunity before us today. By August of this year, Dominovas Energy will have the first RUBICON™ SOFC unit operating in sub-Saharan Africa -- more than a year in advance of the commercial operations date (COD) for our first scheduled deployment." Watkins went on to say, "The partnership agreement with Edison Power Group includes the minimum deployment of 50MW over the next 5 years of Dominovas Energy's RUBICON™ fuel cell system."

When asked about the significance of the 50kW RUBICON™ showcase unit, Dr. Pat Naidoo enthusiastically replied, "This showcase [of the RUBICON™] cannot be overstated, as it ushers in a new era of beneficiation of South Africa's mineral resources; industrialization, and job creation. The fuel cell represents a transformation for the economy of sub-Saharan Africa in energy that has not been seen since the introduction of the cell phone to the telecom industry in the region." Dr. Naidoo is an esteemed associate professor of electrical power engineering at the Durban University of Technology (www.dut.ac.za), is a non-executive member of ESKOM's Board of Directors (http://www.eskom.co.za/Pages/Landing.aspx), and is a senior member of IEEE. He is also a special consultant to Dominovas Energy.

This announcement affirms Dominovas Energy's commitment to excellence and the continuous advancement of innovation by engineering multi-megawatt platforms for the deployment of RUBICON™ NextGen technology, which will in turn serve to further diversify the mix of clean sustainable and renewable sources of energy throughout sub-Saharan Africa. "Without question, Dominovas Energy is revolutionizing the manner in which electricity will be delivered in Africa for years to come," expressed Dr. Shamiul Islam, Dominovas Energy's Executive Vice President of the Fuel Cell Division.

The deployment of the "showcase" 50kW unit is being made possible via the continued partnership and collaboration with its system integration partner AVL Gratz, Ghmb and with stack supplier SOLIDPower SpA of Mezzolombardo (TN) Italy, (http://www.solidpower.com/en/home/) for the production and delivery of the 50kW RUBICON™ showcase. Ongoing, Dominovas Energy will continue to engage with AVL and SOLIDPower to support its multi-megawatt deployments in South Africa.

About the Edison Power Group (EPG)
Edison Power Group, the oldest electrical contracting company in South Africa (34 years), is driven by its determination to be the leading company in the electrical industry through the provision of cost effective, efficient services and a commitment to increasing shareholder value whilst improving the quality of life of all South Africans. The company specializes in electrical installations in all aspects of the electrical industry including commercial, industrial, HV and LV reticulation, township reticulation, fiber optic installations, live line installations, smart metering, wind and solar EPC and substation and transformer installations.

For more information, visit www.edisonpowergroup.co.za.

About Dominovas Energy Corporation (OTCQB: DNRG)
Founded in 2005, Dominovas Energy Corporation (DEC) is a publicly traded company, based in Nevada. With its operating headquarters in Atlanta, Georgia, USA, Dominovas Energy Corporation is a leading power solutions provider to emerging markets around the world. DEC employs its proprietary RUBICON™ Solid Oxide Fuel Cell (SOFC) technology for deployment in multi-megawatt power generation units worldwide. The worldwide pursuit of clean and efficient production of electricity via Solid Oxide Fuel Cell technology inspired its founders to create an "energy solutions" company. Recognizing that "green" and "alternative energy" markets offer immense potential for growth, Dominovas Energy is aggressively moving to allocate its intellectual and financial capital forthwith, in order to strategically address a green energy solution that is 100% reliable, efficient, and measurably cleaner than GenSets and CCGT. Additionally, unlike wind and solar solutions the RUBICON provides baseload power 24/7/365 days a year. By manufacturing and deploying the RUBICON™ throughout of the world, Dominovas Energy is committed to creating shareholder value by not only generating guaranteed revenue streams, but also by increasing the value of "human and community capital." Devoted to core values by operating under the utmost of honesty and integrity in all its business transactions, Dominovas Energy is additionally dedicated to respecting the rights of all individuals, while acknowledging and respecting all cultures necessary to support the growth and development of the communities and countries in which it operates. The Company strongly believes in the impact this singularly advanced technology will make on the world and is resolute in its mission to provide electricity where and when economically viable.

For more information, visit www.dominovasenergy.com.

Dominovas Energy Corp. (DNRG) Stock Research Links

DNRG Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Hikvision Unveils AI Solutions Tailored for SMB Growth

Updated Category News Views 40

Technology Geared for Practical Application Look, I’ve been around the tech block a few times, and Hikvision's latest shindig over in Hangzhou is causing a stir. Their third annual SMB gala isn't just lip service. We're talking about AI innovations meant to scratch where it actually itches for small businesses. The name of the game here is practical value. And yeah,...

Continue Reading
Aries Unveils Prediction Markets Amid Midterm Fervor

Updated Category News Views 110

Aries Enters Prediction Markets Ah, Aries is diving into the world of prediction markets, riding the wave of excitement around the 2026 U.S. midterm elections. They're tossing their hat in the ring with Aries Mobile, letting eligible customers toy with event contracts on not just political outcomes, but economic data and financial market trends too. With ForecastEx LLC,...

Continue Reading
HK Reforms Unveiled Post-Devastating Fire: A Closer Look

Updated Category News Views 55

Unpacking Hong Kong's Response to Unthinkable Tragedy Ever been in front of a thick, burning building façade, watching helplessly as it all crumbles away? Well, that's what happened in Hong Kong last year on November 26. A devastating fire at Wang Fuk Court in Tai Po turned lives upside down, killing 168 people, and it's prodded the government to finally sit up and...

Continue Reading
STARMUS VIII Merges Science and Art for Change

Updated Category News Views 171

STARMUS VIII: Where Science and Art Collide Think about this: you're basking in the Canary Islands' sun, surrounded by Nobel laureates and astronauts while the riffs of Queen's Sir Brian May soar in the air. That's exactly what went down at STARMUS VIII, a week-long celebration of science and art held in Tenerife and La Palma from October 17 to 22, 2026. A jamboree of...

Continue Reading
Mondel?z Bites into Undercover: Snack Market Impact

Updated Category News Views 85

Snack World Shake-Up: Mondel?z Steps In Ever find yourself browsing the snack aisle, wondering how many brands are duking it out for shelf space? Well, brace yourself, because Mondel?z International — the big cheese in the global snack game — is grabbing a sizeable bite of Undercover Snacks. This is no small news in the land of chocolate-covered and frosted quinoa...

Continue Reading
Duolingo Investors Must Weigh Legal Options Now

Updated Category News Views 88

Pressure Mounts on Duolingo Amid Legal Turmoil Well, here's a riddle solved with a lawsuit: when an app's growth hits the brakes, the lawyers seem to get moving fast. It seems like Duolingo, Inc. (NasdaqGS: DUOL) is learning a harsh lesson—not exactly in Spanish or French, but in the courtroom. They've been slapped with a securities class action, and it ain't looking...

Continue Reading
GAC All-New E8 Debuts at 2026 Macao Auto Expo

Updated Category News Views 78

Revving Up at the Macao Auto Expo Sometimes it feels like the car game’s all about who can shout louder with a new model line-up. And there, under the bright lights of the Venetian Macao Cotai Expo, GAC rolled out their ALL-NEW E8. This wasn’t just another car in their roster; it's the symbol of their steady climb up the ranks and a nod to their decade-long presence...

Continue Reading
Avoiding Retirement Pitfalls: Smart Moves for AZ Entrepreneurs

Updated Category News Views 87

Rethinking Retirement Strategy: Navigating Common Pitfalls If you think your business sale will automatically bankroll your retirement, think again. Scott Preston from Kingman sees this as a ticking time bomb that local entrepreneurs need to defuse. The market’s fickle nature means that a once-hyped business’s value can take a nosedive if you bank too much on selling...

Continue Reading
Highway Motors Deal Reflects Shifts in Auto Trade

Updated Category News Views 94

A Family Legacy Transitions in Virginia The trucking world doesn't stop spinning, and Highway Motors, an International dealer rooted deep in Virginia's soil since 1929, knows this intimately. This isn't just a back-of-the-napkin sale; it's a strategic move sweeping through the Interstate 81 corridor, touching Winchester, Harrisonburg, Roanoke, and Leesburg locales. What...

Continue Reading
Gildan Faces Lawsuit: Allegations of Revenue Inflations

Updated Category News Views 13

Gildan's Revenue Magic Trick or Corporate Roulette? Imagine turning on the news just as Gildan's stock takes a freefall dive. June 16, 2026, didn't just mark another dip on the charts for NYSE: GIL; it sent investors tripping over phone cords as shares plummeted a whopping 18.75%. That's not your everyday market swing, folks. Behind this dramatic drop looms a hefty class...

Continue Reading

Top 5 Most Recently Viewed Articles

HealthMetrix Reveals Top Medicare Advantage Plans for 2025

Updated Category News Views 300

HealthMetrix Research Unveils Leading Medicare Advantage Plans HealthMetrix Research, an industry leader in analyzing healthcare plans, has announced its selection of the most valuable Medicare Advantage and Part D prescription drug plans for 2025. The esteemed Senior Choice Gold Award is set to recognize plans across 47 states. This award, which acknowledges the...

Continue Reading
Indonesia Market Update: IDX Composite Index Observes Minor Decline

Updated Category News Views 85

Update on the Indonesian Stock Market As Indonesia wrapped up its trading day, the overall mood in the stock market showed a slight decline. The IDX Composite Index fell by 0.01%, indicating a mixed performance across different sectors. Notably, losses in the Infrastructure, Agriculture, and Basic Industry sectors were significant contributors to the overall downturn....

Continue Reading
Urban One's Q3 2024 Investor Conference Call Highlights and Insights

Updated Category News Views 210

Urban One, Inc. Talks Q3 2024 Results in Conference Call Urban One, Inc. (NASDAQ: UONEK; UONE) is gearing up to engage with investors, analysts, and interested listeners through an upcoming conference call focusing on its third fiscal quarter results for 2024. Scheduled for a Thursday in November, this call marks an important touchpoint for stakeholders eager to gain...

Continue Reading
Federated Hermes Sets Date for Fourth Quarter Earnings Call

Updated Category News Views 112

Federated Hermes Schedules Earnings Release for 2024 Federated Hermes, Inc. (NYSE: FHI), a leader in active investing, is preparing to announce its financial results for the fourth quarter and the full year ending 2024. Interested investors can expect the announcement to be made after market close on Thursday. This information is pivotal for shareholders and analysts who...

Continue Reading
Cooper-Standard's Q3 Performance: Focused on Future Growth

Updated Category News Views 144

Cooper-Standard's Third Quarter Overview Cooper-Standard (CPS) faced a challenging third quarter, reporting a decline in sales and adjusted EBITDA. The company's results reflected the ongoing pressures within its industry. Despite the reported net loss, Cooper-Standard managed to highlight multiple initiatives aimed at delivering cost savings and enhancing cash flow....

Continue Reading