Category Archives: Dominovas Energy Corp. DNRG

Dominovas Energy Corporation (DNRG) Invited to Execute 18MW Hydroelectric Project in the Republic of Angola

April 13, 2017

Leading power solutions provider Dominovas Energy Corporation (OTC: DNRG) announced in a Wednesday morning news release that it has received an invitation from the Angolan Ministry of Energy and Water (MINEA) to secure the exclusive right to an 18MW hydroelectric project. In total, the hydro project will represent an estimated investment of $90 million into Angola’s energy sector, with annual production capacity exceeding 150 million kilowatt hours (kWh).

“Dominovas Energy’s leadership remains committed to powering Africa,” Vassilis Koutras, Dominovas Energy’s Managing Director, Africa, stated in the news release. “This project is yet another example of our commitment, and it is nice to have completed this phase in the negotiations with the government of Angola. The Dominovas team has been relentless in its efforts in Angola, to deliver this project. Long in the making, yes, but well worth the wait.”

For the Republic of Angola, the hydro project is expected to mark a significant step toward the delivery of continuous, reliable and efficient electricity to its citizens. Currently, the African nation’s electricity rates often exceed $0.20/kWh due to overburdened infrastructure. For comparison, the average price of electricity in the United States is about $0.12/kWh, according to data from the U.S. Energy Information Administration.

“Angola and its leadership has long been at the table with Dominovas Energy in an effort to determine a precise solution that benefits both parties,” added Neal Allen, chairman and CEO of Dominovas Energy. “We do not take this selection lightly and look forward to moving to execution and implementation with each of the venerable, ‘Best-In-Class’ partners that will work with us to deliver this power plant.”

Looking forward, the next steps toward the installation of Dominovas Energy’s proprietary ORCAS™ (Ocean River Current Access Solutions) power generation platform will include the completion of appropriate banking feasibility studies, as well as the negotiation of all off-take agreement terms and conditions, which will be supported by government guarantees covering the company’s investment in the proposed power plant and related infrastructure. Dominovas Energy intends to fund the project under a $1.2 billion financing agreement with Graecrest Energy Solutions and its partners, which the company originally announced on October 27, 2015.

Wednesday’s update marks a significant milestone for Dominovas Energy following the launch of its hydroelectric-focused Currentergy division last May. At the heart of this division is the company’s ORCAS™ system, which it notes is “platformed upon the most advanced and effective hydropower technologies available today.” Notably, the ORCAS™ system is designed to enable both on-grid and off-grid clean energy flexibility for the generation of sustainable electricity from river-based power generating systems.

For more information, visit www.DominovasEnergy.com

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Dominovas Energy Corporation (DNRG) Continues Discussions Regarding Deployment of 650MW Power Plant in Madagascar

November 30, 2016

Before the opening bell, Dominovas Energy Corporation (OTCQB: DNRG) announced the completion of a recent business trip to the Republic of Madagascar. The visit, which coincided with the Francophonie Summit 2016 in the nation’s capital city of Antananarivo, featured continued discussions between Neal Allen, chairman and CEO of Dominovas Energy, and officials within the Madagascan government regarding the potential deployment of a “nation-changing” 650MW power plant. According to this morning’s update, it’s anticipated that Dominovas Energy and the Government of Madagascar will soon enter a binding Memorandum of Agreement that defines the specific deliverables and responsibilities of each party as it pertains to the installation, deployment and operation of this power plant within the company’s BOOTT (Build, Own, Operate, Train, Transfer) construct.

“Several countries were considered by Dominovas Energy as a possible ‘ground zero’ for this power plant, but Madagascar has exhibited an unyielding commitment to this project from the initial introduction of the opportunity and has put in place exceptionally competent people to shepherd this project,” Allen stated in this morning’s news release. “From the beginning, President Rajaonarimampianina recognized the significance of this project and further, if successfully deployed, its paramount importance for Madagascar’s short and long term national development.”

News of the Madagascar meetings closely follows Dominovas Energy’s filing of a Form 8-K chronicling the execution of a reciprocal letter of interest (LOI) with the Madagascan government for the deployment of a baseload power supply. After meeting with several key officials within the nation’s government, including President Hery Rajaonarimampianina and Minister of Energy Lieutenant-General Herilanto Raveloharison, Dominovas Energy will now turn its attention toward perfecting all feasibility studies related to the proposed 650MW power plant before executing the documents required to support a successful financial close in 2017. The company expects to secure the requisite funding within the next several months ahead of the subsequent commencement of construction operations.

For the Republic of Madagascar, installation of this power project is expected to present substantial macroeconomic benefits. In addition to ending the country’s long-standing energy deficit, which has been a primary goal of President Rajaonarimampianina, the energy capacity generated through this installation could serve as an ignition source for local mining, manufacturing and resort enterprises, effectively energizing and supporting Madagascar’s national economy. Comprehensively, the increase in power production that could stem from this agreement, along with the anticipated revival of the manufacturing and mining sectors, is forecast to play a key role in the creation of more than 3,000 construction jobs and a “significant number” of long-term employment opportunities.

“This project is of paramount importance for Madagascar’s national development,” continued Allen. “Dominovas Energy’s investment will support a multitude of opportunities moving Madagascar from its current modality, to a substantial global economic competitor. We are honored and equally excited to have the privilege to begin this journey with Madagascar.”

For more information, visit www.DominovasEnergy.com

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Dominovas Energy Corporation (DNRG) Announces Partnership with Leading Natural Gas Supplier in Johannesburg

November 21, 2016

Before the opening bell, Dominovas Energy Corporation (OTCQB: DNRG) announced that it has executed a Memorandum of Understanding (MOU) with South Africa-based Egoli Gas (Pty) Ltd outlining terms for the reliable supply of natural gas, as required for the operation of the company’s proprietary RUBICON™ Solid Oxide Fuel Cell (SOFC) system. Natural gas delivered as a result of this MOU is expected to support both the upcoming RUBICON™ demonstration unit at the University of Johannesburg and any additional units to be installed throughout South Africa’s largest city.

This morning’s announcement comes nearly two weeks after Dominovas Energy announced that Michael Watkins, the company’s chief operating officer and president of its fuel cell division, was dispatched to meet with a natural gas supplier in South Africa. At that time, Dominovas Energy gave investors some insight into its decision to forego the use of liquefied petroleum gas (LPG) for its upcoming installations in favor of natural gas. The company noted that the use of LPG was found to be problematic in the region “because of inconsistencies in the quality of the LPG, as well as the overall lack of logistics to support the delivering of LPG in South Africa.”

This fuel flexibility demonstrates one of the biggest advantages of the RUBICON™ in providing reliable power generation capacity throughout sub-Saharan Africa. According to Dominovas Energy’s website, the SOFC technology behind the RUBICON™ can be powered through the use of a wide variety of fuel sources, including hydrocarbon fuels such as diesel, natural gas, propane, ethanol and methanol, as well as bio-derived fuels and pure hydrogen.

“Identifying and evaluating the proper fuel source for the RUBICON™ is of paramount importance for the execution of the Company’s business model in South Africa,” Watkins stated in this morning’s news release. “After having identified all integers and eliminating the main barrier for the commercial deployment of the RUBICON™, I am quite excited to have secured an extraordinary and well respected Company who will be a cornerstone infrastructure partner that sets the stage for the installation of the RUBICON™ in South Africa.”

In the coming months, Egoli Gas will install the infrastructure required to support a dedicated natural gas pipeline on the campus of the University of Johannesburg. Per this morning’s update, Egoli Gas anticipates that the pipeline will be complete and ready for operational use by April 1, 2017. The installation and use of this supply line are expected to serve as a demonstration of the benefits of effective natural gas use, creating a foundation upon which Dominovas Energy and Egoli Gas will look to develop a long-term partnership resulting in the installation of additional multi-MW scale projects within Johannesburg and across the country.

“We have been working with Dominovas Energy to solidify our relationship and to identify the scope of our contribution to the first-ever SOFC systems in South Africa,” Tyusha Monde, managing director of Egoli Gas, added in this morning’s news release. “The opportunity to supply natural gas for the RUBICON™ and to become a long-term gas supplier for Dominovas Energy’s future projects in Johannesburg and throughout South Africa is, indeed, exciting and a step of monumental proportions for us at Egoli Gas.”

For more information, visit www.DominovasEnergy.com

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Dominovas Energy Corporation (DNRG) Aims to Secure Natural Gas Supply in Johannesburg

November 8, 2016

Before the opening bell, Dominovas Energy Corporation (OTCQB: DNRG) announced that Michael Watkins, its chief operating officer and president of its fuel cell division, was recently dispatched to meet with a natural gas supplier in South Africa. Through this meeting, Dominovas Energy intends to secure a natural gas supply in order to facilitate the planned installation and operation of its RUBICON™ solid oxide fuel cell technology, including both the previously announced 50kW demonstration unit at the University of Johannesburg and additional commercial deployments currently in the company’s pipeline.

“My meetings were attended by key decision makers that highlighted their interest not only in expanding their distribution and sales of their product, but they also exhibited a true knowledge of and interest in the RUBICON’s ability to further expand consumer’s choices for electricity delivery,” Watkins stated in this morning’s news release. “The possible interaction between our companies would allow for an expanded market for them, as well as a profitable and sustainable market for the RUBICON™.”

The plan to secure a natural gas supply in South Africa comes after Dominovas Energy’s initial fuel solution of liquefied petroleum gas (LPG) was found to be problematic. LPG available in the region was found to be highly inconsistent in overall quality, and its transport created a number of logistical concerns that would hamper the viability of Dominovas Energy’s RUBICON™ technology moving forward. Using readily available natural gas as a fuel source, on the other hand, is expected to set a foundation for the company’s forward growth throughout Johannesburg and the surrounding region.

In addition to meeting with a natural gas supplier, Watkins visited with Dr. Tien Chien Jen, a professor with the University of Johannesburg’s Department of Mechanical Engineering, to further discuss the development of a research institute for the study of fuel cell systems at the University. Watkins also offered an update on the status of the ongoing natural gas supply discussions, which serve as a precursor to the highly-anticipated deployment of the 50kW RUBICON™ demonstration unit to the University of Johannesburg campus.

This morning’s announcement follows an update late last month that Dominovas Energy gave a successful presentation on the analysis of its Energy Solutions Survey to the University’s Central Technical Services Department. The survey, which aimed to identify the overall state of the institution’s energy usage, allowed Dominovas Energy to evaluate the ‘true’ cost of electricity and thermal generation on the campus while demonstrating the benefits that the RUBICON™ system could offer in terms of both capacity and efficiency.

For more information, visit www.DominovasEnergy.com

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Dominovas Energy Corporation (DNRG) COO Presents Energy Survey Analysis to University of Johannesburg Officials

October 27, 2016

Earlier today, Dominovas Energy Corporation (OTCQB: DNRG) announced that its chief operating officer and president of its fuel cell division, Michael Watkins, recently gave a successful presentation to the Central Technical Services Department of the University of Johannesburg. The presentation, which took place on October 25, aimed to offer university officials additional insight into Dominovas Energy’s findings from the Energy Solutions Survey it circulated at the university last month. The goal of the survey was to identify the current state of electricity use at the university, including current consumption and efficiency metrics, while identifying areas with potential cost savings. This is a very important next step in the process of the Company having already announced it entered into talks with University officials a couple of months ago to become one of the primary energy suppliers to the University system.

“The systematic approach of Dominovas Energy has allowed us to better understand the overall ‘state’ of our energy usage that now supports our quantifying the ‘true’ cost of electricity and thermal energy generation at the University,” Brent Africa, director of utilities at the University of Johannesburg, stated in the news release. “The University is currently prioritizing its efforts to manage energy efficiency, as well as minimize the overall cost of energy delivery to its campuses. Dominovas Energy’s analysis of the Energy Survey and the presentation of the results could not have come at a better time to the University.”

Leveraging the findings of its Energy Solutions Survey, Dominovas Energy will now structure a power provider agreement (PPA) based on the analysis and current understanding of the energy requirements of the University of Johannesburg. This submittal will support the installation of a multi-megawatt base load power generation installation at the university in the future. Following Watkins’s presentation, Brent Africa noted that the benefits of installing Dominovas Energy’s proprietary RUBICON™ solid oxide fuel cell technology, relative to true cost savings, are “undeniable.” He went on to say that the university and Dominovas Energy have a “true opportunity to collaborate on a plan of action that could lead to the deployment of the RUBICON™ system.”

Dominovas Energy’s recent progress toward the installation of its RUBICON™ technology at the University of Johannesburg comes as the company continues to advance its overall plans for entering existing energy markets across the African continent. Earlier this month, Dominovas Energy, in collaboration with joint venture partner Mponeng Holdings [PTY] LTD, announced the submittal of a formal request for proposal for the Ekurhuleni Energy Generation Program in Johannesburg, South Africa. If awarded, this project would include the installation of a 20 megawatt RUBICON™ system for the Ekurhuleni Metropolitan Municipality.

For more information, visit www.DominovasEnergy.com

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Dominovas Energy Corporation (DNRG) Highlights Plans to Capitalize on Momentum of Upcoming RUBICON™ Showcase Unit

October 14, 2016

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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Dominovas Energy Corporation (DNRG) Submits Grant Proposals to the United States Trade and Development Agency

September 29, 2016

Before the opening bell, Dominovas Energy Corporation (OTCQB: DNRG) announced the formal submission of grant proposals to the United States Trade and Development Agency (USTDA) related to the proliferation of both its RUBICON™ Solid Oxide Fuel Cell (SOFC) technology and its ORCAS™ hydroelectric system. In total, the company petitioned the USTDA for just over $2.1 million, with submissions divided across four distinct projects featuring a combined power output of 2.9 Megawatts.

USTDA grants are awarded based upon the intended and expected social and environmental impact of proposed projects in an effort to bring private sector solutions to existing development challenges. Dominovas Energy expects to receive the USTDA’s decision on the submissions within the next month.

Dominovas Energy’s proprietary power generation solutions lie at the core of its proposals. The company’s RUBICON™ system leverages a SOFC platform to generate clean, efficient electricity through the conversion of a hydrocarbon fuel such as natural gas. Among its many benefits, the RUBICON™ produces significantly less pollutants than competing systems and is designed to operate year-round with minimal disruptions due to maintenance. For added efficiency, the RUBICON™ can also be used for hot water production or space heating. With these systems in place, combined heat and power efficiency for the RUBICON™ is measured at approximately 85 percent.

The company’s ORCAS™ system offers similar reliability and efficiency without the need for hydrocarbon fuel. The run-of-river (ROR) technology generates electricity by diverting running water from waterways. When compared to conventional stored water systems like reservoirs or dams, ORCAS™ has a much smaller environmental impact, seamlessly guiding used water back into the main river after it navigates power generation channels.

Dominovas Energy’s ORCAS™ platform could be widely implemented in the Republic of Madagascar moving forward and other sub-Saharan countries. The island nation has an “enormous potential” for hydropower generation, with the World Bank estimating capacity for up to 7,000 Megawatts across over 500 potential sites.

For more information, visit www.dominovasenergy.com

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Dominovas Energy Corporation (DNRG) Enters Formal Negotiations to Become Exclusive Energy Supplier for University of Johannesburg

September 22, 2016

Yesterday, Dominovas Energy Corporation (OTCQB: DNRG) announced its entry into formal negotiations with key officials at the University of Johannesburg to become the exclusive supplier of electricity for the South African school’s Johannesburg campuses. The Company, which has been working closely with University of Johannesburg officials in recent months ahead of the impending delivery of its RUBICON™ showcase unit, recently submitted its Energy Solutions Technical Survey to the University’s facilities managers in order to determine the overall electrical needs of the campuses. When the survey is complete, Dominovas Energy officials will look to conduct a complete and thorough analysis of the school’s current electrical systems, highlighting inefficiencies and potential savings that could be realized by implementing the company’s proprietary RUBICON™ Solid Oxide Fuel Cell technology.

“As the ‘right’ individuals have become more educated on the prowess and efficiency of Dominovas Energy’s RUBICON™ system, the inquiries became more specific as to what the Company could do for the University at large to deliver a cleaner, more efficient use of resources for the generation of electricity,” Michael Watkins, COO of Dominovas Energy and president of its fuel cell division, stated in this morning’s news release. “The key was to first determine the energy need of the University and those steps are underway as we speak.”

When complete, Dominovas Energy anticipates that its Energy Solutions Technical Survey will set the stage for the execution of a formal power provider agreement (PPA) between the two parties. The PPA is expected to encompass a minimum of 12MW, serving as a “long-term play for Dominovas Energy to provide utility-scale electrification to Africa,” according to Watkins. Notably, the company’s showcase unit, which was announced in a previous news release, is on-track to be delivered in the near future. Dominovas Energy is currently awaiting access to a reliable natural gas source at the University of Johannesburg site. When available, the Company “will be ready to fire up the ‘Showcase’ and show its capabilities to the public at large.”

In recent weeks, Dominovas Energy has made considerable progress toward the launch of its power solutions technology on the African continent. In addition to reporting two site visits to the University of Johannesburg regarding its RUBICON™ showcase, the Company has also turned its sights toward neighboring countries in the region. On September 9, Dominovas Energy announced the appointment of Dr. Emma Rasolovoahangy as Ambassador for Renewable Energy Projects and Special Advisor for the Republic of Madagascar. Through this appointment, the Company is strategically positioned to build on its recent progress through its new hydropower division, Currentergy. According to Vassilis Koutras, managing director for Francophone countries with Dominovas Energy, Madagascar has a hydro potential of roughly 7,000MW, making the country one of Dominovas Energy’s “top priorities for development and operation of multiple power projects” in the future.

For more information, visit www.dominovasenergy.com

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Dominovas Energy Corporation (DNRG) Appoints Special Advisor to Oversee Renewable Energy Projects in Sub-Saharan Africa

September 12, 2016

Late last week, Dominovas Energy Corporation (OTCQB: DNRG) announced the appointment of Dr. Emma Rasolovoahangy to the position of ambassador for renewable energy projects and special advisor for the Republic of Madagascar. Following this announcement, Rasolovoahangy will immediately assume responsibility for the company’s ongoing renewable energy projects in sub-Saharan Africa, particularly as they relate to the proliferation of Dominovas Energy’s proprietary technologies.

“We are truly excited to welcome Dr. Emma to the Dominovas Energy team,” Neal Allen, chairman and chief executive officer of Dominovas Energy, stated in this morning’s news release. “Her technical expertise and her intellectual prowess as a highly acclaimed scientist, along with her industry knowledge, respect and recognition around the globe as one of the best in the field, and with her unyielding love for her native country of the Republic of Madagascar and unique in-country perspective, collectively makes her a truly invaluable addition to the Dominovas Energy team.”

A Madagascar native, Rasolovoahangy majored in natural gas engineering and graduated with a Master of Science from the Algerian Institute of Petroleum in 1991. From there, she attended Texas A&M University, graduating with a Master of Science, petroleum engineering and environmental engineering, in 1994. Rasolovoahangy later attended Stanford University, in Palo Alto, CA where she earned both a Master of Science and, in 2002, a Ph.D. in Geophysics. In 2005, Rasolovoahangy became the founding president of Petromad (Mauritius) Limited, becoming the first native Madagascan to win a bid for a concession to search for oil in Madagascar.

“As a Malagasy national I acknowledge my roots and endeavor to make a major impact on my country and people for generations to come,” Rasolovoahangy stated in the news release. “I am excited to join Dominovas Energy Corporation in the pursuit of clean and efficient production of electricity via Solid Oxide Fuel Cell technology as well as its hydroelectric division, CURRENTERGY. I am filled with optimism about the strength of the team, the technologies, and the opportunity we have to magnify our impact in improving the quality of lives of millions of Malagasy people and sub-Saharan Africans.”

The addition of Rasolovoahangy to the Dominovas Energy team comes as the company continues to make strides toward deploying both its RUBICON™ Solid Oxide Fuel Cell technology and ORCAS™ hydropower generation technology throughout Africa. Just last week, the company released details of its second site visit to the University of Johannesburg in preparation for the highly-anticipated delivery of the RUBICON™ showcase unit. Deployment of this showcase unit is expected to mark the first step toward Dominovas Energy’s ultimate goal of delivering its multi-megawatt system to the region in the coming years.

Notably, Madagascar also presents a considerable opportunity for Dominovas Energy following the launch of its hydropower division, Currentergy, in May of this year. According to Vassilis Koutras, Dominovas Energy’s managing director for Francophone countries, the island nation has a “hydro potential of 7000MW,” which represents “a tremendous opportunity for Dominovas Energy and signifies a leap forward for Madagascar.” With Malagasy entrepreneur and philanthropist Rasolovoahangy now on the Dominovas Energy team, the company is well-positioned to target this market for future projects.

For more information, visit www.dominovasenergy.com

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Dominovas Energy Corporation (DNRG) Recaps Second Visit to University of Johannesburg to Prepare for RUBICON™ Deployment

September 1, 2016

Dominovas Energy (OTCQB: DNRG) this week provided additional details of its recent visit to the University of Johannesburg, the company’s second visit to the site as it continues to work toward delivery of its RUBICON™ Solid Oxide Fuel Cell (SOFC) technology in Africa.

With this second trip, Dominovas Energy was able to get specific measurements for the site on which the RUBICON™ showcase will be deployed. The delegation was led by Dominovas Energy’s chairman and CEO, Neal Allen, who is personally managing the installation of the technology. Allen was joined by Professor Tien Chien Jen, the University’s director of Manufacturing Research Centre in the Department of Mechanical Engineering Science, as well as Dr. Pat Naidoo, associate professor of electrical power engineering at the Durban University of Technology (http://nnw.fm/qZ1Cv), non-executive member of ESKOM’s board of directors (http://nnw.fm/ykW11), and senior member of IEEE. This leadership team was assisted by members of Dominovas Energy’s staff, along with key staff members of the University of Johannesburg.

Other initiatives for the trip included the inspection of existing infrastructure at the University to determine if and what other resources are needed to support the installation; and discussion of steps needed to develop the Institute for Hydrogen Fuel Cell Technology, a collaborative venture between Dominovas Energy and the University of Johannesburg expected to enable advancement of the study of fuel cell technology in and for the entire sub-Saharan region.

“This is a very exciting time for the Company and for me personally to realize the physical, on the ground steps for the ‘showcase’ installation. With boots on the ground, I have a deep appreciation for the amount of logistics in this entire undertaking. It has been quite an exercise, but I am thrilled seeing it take shape,” says Dominovas Energy’s managing director for Africa, Kreneshen Moodley.

The RUBICON™ “Showcase” is a first step in Dominovas Energy’s ultimate goal to deliver its one-of-a-kind multi-megawatt system to the region, as the engineering effort continues for the presentation of the first system in 2017.

Dominovas Energy employs its proprietary RUBICON™ technology for deployment in multi-megawatt power generation units worldwide. 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.” 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 on Dominovas Energy, as well as pictures of the second site visit, go to www.dominovasenergy.com

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Dominovas Energy Corp. (DNRG) Finalizing Plans to Deliver RUBICON™ ‘Showcase’ Unit to the University of Johannesburg

August 25, 2016

In a recent news release, Dominovas Energy Corp. (OTCQB: DNRG) announced that it is currently in the process of finalizing plans to deliver its proprietary RUBICON™ solid oxide fuel cell (SOFC) technology to the University of Johannesburg in South Africa. Deployment of the proposed ‘showcase’ unit, which was originally announced in May, will be a first step toward the company’s ultimate goal of delivering its one-of-a-kind, multi-megawatt system to the region.

Dominovas Energy chairman and CEO Neal Allen met with officials from the University of Johannesburg late last week regarding the impending deployment of the company’s demonstration unit. In addition to determining the actual site and deployment strategy for the ‘showcase’ unit, the meetings included discussions regarding the development of a collaborative venture between the University of Johannesburg and Dominovas Energy designed to advance the study of fuel cell technology in the sub-Saharan region of Africa. Establishment of the Institute of Hydrogen Fuel Cell Technology is expected to provide “a welcome boost to the development of a new research frontier — for the vision of a future clean power supply for South Africa and the whole of Africa,” according to Professor Tien Chien Jen, director of the University of Johannesburg’s manufacturing research center.

To view photos from Allen’s time at the University of Johannesburg, visit http://nnw.fm/YUT2y

“Let there be no doubt, Dominovas Energy is committed 100% to the delivery of its ‘Showcase’ to South Africa,” Dr. Shamiul Islam, executive vice president for fuel cell operations with Dominovas Energy, stated in the news release. “I am excited to see the progress being made as necessary steps are taking place that have set the path for execution and delivery of our system.”

When deployed, Dominovas Energy’s ‘showcase’ unit will be the first SOFC unit to serve baseload capacity anywhere on the African continent. For residents of countries in sub-Saharan Africa, the company’s RUBICON™ technology will likely be a game changer in the years to come. According to a report by the International Energy Agency (http://nnw.fm/NQ6y9), more than 95 percent of the estimated 1.2 billion people who did not have access to electricity in 2013 were living in sub-Saharan Africa and developing Asia.

The RUBICON™ is expected to play a key role in providing access to reliable power generation throughout the region. The fuel-flexible power solution is capable of generating electricity from a wide variety of hydrocarbon fuels, including diesel, natural gas, propane, ethanol, methanol and bio-derived fuels. Additionally, the RUBICON™, as a stand-alone system, helps developing areas minimize the need for expensive grid construction and upkeep. This combined versatility is designed to encourage the use of natural resources instead of inefficient coal plants while greatly expanding global access to electricity.

For more information, visit www.dominovasenergy.com

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Dominovas Energy Corporation (DNRG) Unveils Strategy to Restructure and Eliminate Convertible Debt

June 30, 2016

Before the opening bell on Wednesday, Dominovas Energy Corporation (OTCQB: DNRG) unveiled a new plan aimed at restructuring and eliminating its roughly $700,000 in outstanding convertible debt. The company intends to leverage funds stemming from its financing agreement with GHS Investments, LLC, which was originally announced in November 2015 and approved by the U.S. Securities and Exchange Commission in January, in order to move away from the utilization of convertible debt as a sole source of financing. Drawing down on its GHS Investments equity line, Dominovas Energy will look to enter into discussions with its convertible debt financing partners in an effort to repay convertible notes with cash instead of shares.

“Dominovas Energy is one of the most prolific companies of its kind in the fuel cell industry. It has best-in-class strategic partners for the build and manufacturing of its RUBICON™ fuel cell system; it has contract orders for multiple-Megawatts (MW); it has project financing in place once requisite guarantees are set and in place; the Company has what most Companies in the industry have longed for – so we had to take a close look at what could be depressing the stock price,” Michael Watkins, chief operating officer of Dominovas Energy, stated in yesterday’s news release. “We came to the realization and belief that there is simply too much pressure on the stock as a result of the existing convertible debt; and with our new plan to eliminate said debt, we hope to see representative growth for the Company. We have changed our methods of financing and operating the Company with a goal of increasing clarity and reporting of our operations and providing a stronger vehicle for our shareholders.”

In addition to plans to repay convertible notes, Dominovas Energy is also in ongoing discussions with GHS Investments regarding a long-term equity financing strategy that does not create additional convertible debt. As of yesterday’s update, the company had no plans in place to add new debt or operational capital in connection with its restructuring plan, but a future agreement could play a key role in Dominovas Energy’s efforts to build on the successful presentation of its 50kW RUBICON™ solid oxide fuel cell (SOFC) unit, which is set for installation in South Africa in August, with the eventual deployment of its multi-Megawatt power generation units in sub-Saharan Africa.

Last November, Dominovas completed a concept design study for the efficient manufacturing of its proprietary RUBICON™ SOFC system, during which it identified optimal process design efficiencies, manufacturing and logistical details, and aggregate cost and lead-time estimates. In May, the company built on that unprecedented study when it, in partnership with Edison Power Group, announced plans to launch the first RUBICON™ SOFC system in Johannesburg, South Africa, which will be the first SOFC unit to serve baseload capacity on the African continent upon implementation. With newly-announced plans to restructure and consolidate its outstanding debt ahead of this launch, Dominovas Energy is strengthening its position in the power generation space and clearing the way for the “minimum deployment of 50MW over the next 5 years of Dominovas Energy’s RUBICON™ fuel cell system,” according to Watkins.

For more information, visit www.dominovasenergy.com

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Dominovas Energy Corporation (DNRG) and its RUBICON™ SOFC get Notice in Fuel Cells Market Report

April 12, 2016

The report is the U.S. Department of Energy’s ‘Fuel Cell Technologies Market Report 2014’ (http://dtn.fm/x5WCf), which casts a comprehensive eye on the global fuel cells industry. It estimates that the fuel cell industry almost doubled (69%) in 2014 to $2.2 billion from $1.3 billion in 2013, and that more than 50,000 fuel cells, totaling 180 megawatts (MW), were shipped in 2014. The report relates how the U.K.-based Western Standard Energy Corp. acquired Dominovas Energy, LLC (California), renamed the company Dominovas Energy Corporation, and moved its headquarters to Atlanta, Georgia. The Dominovas Energy Corporation (OTCQB: DNRG) is now making final provisions to manufacture the RUBICON™ SOFC system.

About 50 Fortune 500 companies use fuel cell technology to generate power for either stationary or motive applications. About half of these are in the Fortune 100. Fuel cell applications power forklifts, data centers, cell phone towers, and corporate or retail facilities. More than 2,500 fuel cells for material handling vehicles were ordered or installed in 2014, bringing the number of fuel cell-powered forklifts in North America to more than 7,500 units, located at more than 60 warehouses and distribution facilities in 20 states and Canada. Fuel cells can also be found in cars now. Commercial introduction of fuel cell electric vehicles (FCEVs) began in earnest in 2014 with Hyundai’s Tucson ix35 FCEV.

Cars aside, the flag bearer for the industry is South Korea, which ‘is embracing large-scale fuel cells for energy production in a way that few other countries can match’ (http://dtn.fm/D7nD9). A Bloomberg piece (http://dtn.fm/2iAlq) notes that there are opportunities for U.S. companies: ‘South Korea is tapping into U.S. ingenuity to drive the market for fuel cells… Conglomerates based in South Korea are buying, investing in or partnering with U.S. fuel-cell makers, seeking to build on their designs for the complex systems by incorporating cheaper production methods that will make them more economical.’

That fuel cell technology is feasible for large-scale grid operations is demonstrated by South Korea’s Fuel Cell Park. In February 2014, the Gyeonggi Green Energy facility, a 59-MW fuel cell complex in Hwasung City, South Korea, began operation. The plant consists of 21 2.8MW hydrogen fuel cells supplied by FuelCell Energy of Danbury, Connecticut.

Not to be outdone, the United States is powering on. Another Bloomberg story (http://dtn.fm/snKJ7), in January of this year, tells how the state of Connecticut has ‘approved a proposal for what would be the world’s largest fuel cell power plant.’ The ‘63.3-megawatt Beacon Falls fuel cell power plant in the state… would be bigger than the 59-megawatt fuel cell plant in operation in South Korea.’

This area is Dominovas Energy Corporation’s forte. The company has developed the industry’s first scalable, single megawatt SOFC system based on its Solid Oxide Fuel Cell (SOFC) technology known as the RUBICON™. As Dr. Shamiul Islam, Dominovas Energy’s executive vice president of the fuel cell division, explains:

“Until now, all single megawatt systems of fuel cell generated power were comprised of an array of individual kilowatt units configured to function at a megawatt scale. The generally accepted configuration and design of megawatt systems within the industry to date have taken smaller configurations of the fuel cell stacks, generally 1kW, and pieced them together to create configurations totaling multiple kilowatts. This approach is problematic in that the generation of megawatt baseload power is inefficient and it additionally creates units that, by design, have multiple opportunities for failure which contribute to extraordinary and otherwise unnecessary repair and maintenance costs. In designing a true megawatt system, Dominovas Energy has optimized system size, production efficiency, and overall system performance and veracity.”

For more information, visit www.dominovasenergy.com

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Dominovas Energy Corp. (DNRG) Focused on Bringing Clean Energy to Corners of the World with Greatest Need

March 29, 2016

Over one-third of people in the world start life without access to electricity and clean fuels for cooking, heating and lighting. United Nations secretary-general Ban Ki-moon was one of them, studying at night by a dim oil lamp as a boy in 1950s post-war Korea. He now sees energy as “the golden thread that connects economic growth, social equity, and environmental sustainability.”

Dominovas Energy Corp. (OTCQB: DNRG) is one company that funnels all of its efforts at delivering clean energy to the places on Earth that need it most. The company builds shareholder value by taking advantage of opportunities which promote “NextGen” clean energy – an efficient, solid oxide fuel cell (SOFC) technology. Widely known in energy industry circles as the RUBICON™, this trademark was designed by scientist and engineer, Shamiul Islam, PhD, in coordination and collaboration with the engineering prowess of AVL List, Gmbh.

With the pace of progress toward clean energy in third world counties lagging behind the urgent need, Dominovas Energy sees a market filled with upside for its shareholders. Global concerns about energy security, climate change, and air pollution are pushing demand for fuel cell technology. Reports from Fuel Cells 2000 indicate that over 630 companies and laboratories in the United States are investing over $1 billion a year in fuel cells or fuel cell component technologies. Telecom companies, major grocery chains, distributors, hotels, manufacturers, and other market segments implementing fuel cell systems are finding them to be quite efficient and cost effective.

DNRG is an energy solutions company that endeavors to deliver clean, efficient and reliable electricity to areas of the world that lack this much sought-after commodity on a multi-megawatt scale. Recognizing the incredible growth and profit opportunities of the green and alternative energy markets, Dominovas Energy crafted a sustainable deployment model, and, in so doing, carved out a leadership position in the alternative green energy solutions provider space. Notably, while Dominovas Energy provides “alternative green energy solutions,” its power generation capability make-up is not built by using traditional standards of energy generation. Subsequently, the company delivers “primary” power to its clients.

For more information, visit www.dominovasenergy.com

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Dominovas Energy Corporation’s (DNRG) RUBICON™ Fuel Cell Technology Could Light Up a Dark World

March 22, 2016

A recent report labelled Progress Toward Sustainable Energy (http://dtn.fm/tU0nk) published the findings of energy experts from 15 agencies under the leadership of the World Bank and the International Energy Agency (IEA). The report cast a global spotlight that showed there are large swaths of the world without electricity. The report was also a good reminder of the world of opportunity that lies before the Dominovas Energy Corporation (OTCQB: DNRG) with its solid oxide fuel cell (SOFC) technology known as the RUBICON™.

According to Progress Toward Sustainable Energy just 94 percent of the urban population and 82 percent of the rural population in the Philippines have electricity. The report goes on to offer another reason why Africa might be termed the ‘Dark Continent’. In Angola, just 83 percent of the urban population and 6 percent of the rural population have electricity. In Kenya, it’s 58 percent and 7 percent, respectively. In Liberia, the numbers are 19 percent and 1 percent. Asia is brighter. China is on par with the developed world. Both in town and country, the Chinese have access to electricity. However, in Afghanistan, just 83 percent of town dwellers and 6 percent of country folk have electricity. In Bangladesh, it’s 90 percent for the town and 49 percent for the country. In India, just 70 percent of the rural population has access to electricity.

The Indian story India’s Energy Crisis (http://dtn.fm/M2Me0) was told in MIT Technology Review. ‘At least 300 million of India’s 1.25 billion people live without electricity… Another quarter-billion or so get only spotty power from India’s decrepit grid, finding it available for as little as three or four hours a day. The lack of power affects rural and urban areas alike, limiting efforts to advance both living standards and the country’s manufacturing sector.’

The Dominovas Energy Corporation’s solid oxide fuel cell (SOFC) technology, RUBICON™, is certainly up to the challenge of bringing light to the world. The RUBICON™ is fuel flexible and capable of reforming multiple fuels such as natural gas, propane, LPG, diesel, landfill gas and flare gas. Reforming is a process of extracting the hydrogen used in the fuel cell from hydrocarbon fuels. Although hydrogen is the most abundant element in the universe, in its elemental form it exists on Earth only in the smallest of quantities.

The RUBICON™ is ideal for distributed power generation and operation at multi-MW levels in frontier markets, given the flexibility of its use and its ability to function in a grid scenario or through independent, isolated, “island” operations.

For more information, visit www.dominovasenergy.com

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Dominovas Energy Corporation (DNRG) Recognized in Seminal Department of Energy Report on the Advancement of Fuel Cell Technology

March 18, 2016

Early today, Dominovas Energy Corporation (OTCQB: DNRG), an energy solutions company dedicated to delivering clean, efficient and reliable electricity, announced its inclusion in a seminal report on the advancements and progress made in commercializing applications for fuel cell technology as a viable source for both baseload and back-up power generation. The report, titled State of the States: Fuel Cells in America 2015, was written by the Fuel Cell and Hydrogen Energy Association (FCHEA) with support from the U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy’s Fuel Cell Technologies Office.

In the report, Dominovas is recognized for its progress toward supplying sustainable electricity generation capacity in areas throughout Africa. The FCHEA’s report acknowledges the company’s entry into “three multi-MW, multi-year, and potentially multi-million, even billion, dollar power provider agreements (PPA),” including agreements with the South Kivu Province, the Somico Mine and the City of David, all of which are located in the Democratic Republic of the Congo.

To view the full report, visit http://dtn.fm/1qDld

“With over 600 million sub-Saharan Africans without basic access to electricity, Africa represents the frontier market with the single greatest need for sustained and reliable clean power production,” Dr. Shamiul Islam, Dominovas Energy’s executive vice president of fuel cell operations, stated in today’s news release. “To date, no other fuel cell technology company has made comparable strides in securing contracts in Africa to deploy utility-scale units for clean fuel cell generated power production.”

Despite remaining relatively quiet on its efforts to continue to expand its presence in various frontier markets throughout Africa and Latin America, Dominovas considers its ability to engineer a reliable platform for delivering power to global communities most in need as its crowning achievement. Likewise, the company takes pride in its progress toward stimulating job creation domestically, as it plans to manufacture and support its proprietary RUBICON™ solid oxide fuel cell systems through the use of a robust supply chain located in the United States.

For more information, visit www.dominovasenergy.com

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Why is the Department of Energy talking about Dominovas Energy Corporation (DNRG)?

March 17, 2016

In December 2015, the U.S. Department of Energy published the sixth edition of its annual report on the fuel cell industry. Issued by its Fuel Cell Technologies Office, the report is punned State of the States: Fuel Cells in America 2015. As expected, it is a wealth of information on the state of the industry, and it notes that Dominovas Energy Corporation (OTCQB: DNRG) is the only fuel cell company that has been named a Private Sector Partner (PSP) in a multi-stakeholder partnership sponsored by the United States government.

The report opens with a sunny prognosis: ‘The fuel cell industry – which surpassed $2.2 billion in annual sales in 2014 – continues to grow and is generating impressive benefits in a number of ways.’ An increasing number of states are supporting development of the industry because of the promise of additional jobs and increased tax revenues. Fuel cells offer many benefits. They ‘bolster the electric grid, provide reliable and resilient power, reduce emissions, reach remote and rural parts of the country, and utilize domestic sources of energy, including natural gas.’ Fuel cells are also gaining significance as a source of back-up power, particularly in keeping critical communication networks and data centers up and running, but also as a technology ‘to provide primary or backup power to ensure constant power through major storms, or other disruptive events’. From an industry perspective, fuel cells will boost exports and help America regain lost ground in manufacturing.

States are providing tax and other incentives for fuel cells. For example, the New York State Energy Research and Development Authority (NYSERDA) has provided financial incentives to support the installation and operation of continuous duty fuel cell systems in New York State, with up to $1 million available for fuel cell systems rated larger than 25kW. A fuel cell system that size will meet the energy needs of the typical household comfortably, and the federal government is lending its support as well. The IRS offers a Fuel Cell Motor Vehicle Credit ‘…if you purchase a fuel cell motor vehicle that is propelled by power that is derived from one or more cells that convert chemical energy directly into electricity. You must purchase the vehicle before January 1, 2017 and begin driving it in the year in which you claim the credit. The base credit is $4,000 for a fuel cell motor vehicle weighing up to 8,500 pounds and $10,000 – $40,000 for heavier vehicles.’ There is also the Business Energy Investment Tax Credit (ITC) under which a tax credit of 30 percent of the purchase price of a fuel cell system can be applied against income tax payable in the year that the unit is placed into service.

Many large businesses are seizing the fuel cell advantage. ‘Wal-Mart is the largest fuel cell customer for material handling equipment (MHE), deploying the technology to power more than 2,800 forklifts at warehouses in Ohio, Pennsylvania, New York, Illinois, Indiana and Minnesota, with more sites on the way. The company also uses stationary fuel cells to generate power for 44 Wal-Mart (NYSE: WMT) and Sam’s Club retail sites in California and Connecticut. Then there’s food service product distributor, Sysco (NYSE: SYY), which has expanded its fuel cell fleet to more than 800 fuel cell-powered forklifts operating at seven of its warehouses in California, Massachusetts, New York, Texas, Virginia, Pennsylvania, and Michigan. Over the last few years, AT&T (NYSE: T) has deployed fuel cells to provide primary power to almost two dozen data and call centers, as well as backup power to hundreds of cell phone towers in multiple states.’

Dominovas Energy Corporation is positioned to generate and sell electricity on a multi-megawatt scale by way of the commercial production of its Solid Oxide Fuel Cell (SOFC) technology, known as the RUBICON™. The RUBICON™, by design, will be a highly efficient, combustion-less, and virtually pollution free energy source that will provide electricity to power a wide array of systems, either through distributed power applications (in which power is generated by the user) or to the grid. The technology can be factored and scaled to provide power to entire cities. In principle, a fuel cell is an electrochemical device that operates like a battery. However, unlike a battery, a fuel cell does not require recharging, but refueling. The RUBICON™, as designed, will use fuel, principally hydrogen extracted from natural gas, propane, or other hydro-carbon based fuels along with oxygen extracted from air to produce electricity. The RUBICON™ system will produce energy in the form of electricity and heat as long as there is a constant fuel source. The RUBICON’s™ operation is also quite simple: it has minimal moving parts and operates quietly with low emissions.

For more information, visit www.dominovasenergy.com

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Dominovas Energy Corporation (DNRG) – Developing Solutions for Developing Economies

March 16, 2016

Dominovas Energy Corp. (OTCQB: DNRG) is resolute about its mission to electrify the world. Using a calculated approach backed by its technical prowess and access to project financing, Dominovas is moving forward with its plans to introduce and deploy technology that will transform the way electricity is delivered on the continent of Africa.

Using a complex set of solutions, Dominovas Energy addresses concerns about toxic carbon emissions, as well as reducing instances of equipment maintenance and inefficiencies. These are pervasive issues linked to power generation from diesel generators, combined-cycle gas-fired turbine power plants and other combustion-centric technologies. These are also major issues that result in increased costs.

After recognizing that alternative energy markets, like those in Africa, have massive potential for growth, Dominovas Energy began focusing its intellectual and financial capital on devising a green energy solution that is reliable, efficient and measurably cleaner than other alternatives. With its proprietary RUBICON™ Solid Oxide Fuel Cell (SOFC) technology, Dominovas Energy is preparing to deploy such a solution in multi-megawatt power generation units worldwide.

Countries and companies have entrusted Dominovas Energy to deliver its 21st century energy solutions and technology, having executed guaranteed multi-MW contracts in the Congo and having received a license to produce electricity in Angola. Last summer, the company publicized the execution of a guaranteed 200MW multi-year Power Provider Agreement (PPA) with the Democratic Republic of the Congo. As a result of the PPA, Dominovas Energy was tasked with providing electricity to the country’s South Kivu Province using its RUBICON™ Solid Oxide Fuel Cell system.

Late in the year, Dominovas Energy made strides in Angola, as well. The Angolan Ministry of Petroleum granted the company an independent Power Producer license that authorizes it to provide clean and reliable electricity to companies within the country’s oil and gas industry. Along with demonstrating the Angolan leadership’s dedication to new technologies, this marked a significant moment for Dominovas Energy: its RUBICON™ system became the first and only fuel cell-based technology solution to have been granted this license in Angola. This substantial accomplishment was also a capstone of the work the Dominovas Energy management team has done to push ahead the commercial proliferation of its SOFC fuel cell technology.

For more information, visit www.dominovasenergy.com

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Dominovas Energy Corp. (DNRG): Report Forecasts 50% Growth in SOFC Market By 2020

March 8, 2016

A solid oxide fuel cell (SOFC) is a fuel cell that produces electricity through an electrochemical process. SOFCs offer low emissions, long-term stability, high efficiency, and fuel flexibility. The excellent fuel flexibility of the devices permits the use of safe, cheaper, and readily available hydrocarbons such as natural gas, methane, and syngas. SOFCs, however, function at a high operating temperature, usually within the range of 800°C-1000°C for the activation of the electrolyte, making them far less susceptible to carbon monoxide poisoning and thereby, longer lasting. Analysts forecast the global SOFC market to grow at a compound annual growth rate of 9.78 percent during the period from 2016-2020 (Estimated market value of $614.92 billion in 2015).

Dominovas Energy Corp. (OTCQB: DNRG) is an energy solutions company dedicated to delivering clean, efficient and reliable electricity to areas of the world that lack this precious commodity on a multi-megawatt scale. At the heart of Dominovas Energy’s Fuel Cell Division is a revolutionary ”disruptive technology” and energy solution powered by the RUBICON™ Series SOFC Technology.

Led by the incomparable scholar, professor, and visionary Dr. Shamiul Islam, the RUBICON™ is expected to achieve more than 50 percent fuel-to-electricity efficiency, providing cost effective, clean, significantly-reduced emissions with silent operations in modular multi-megawatt power arrays. The proprietary system is also uniquely capable of reforming and converting multiple fuel stocks such as natural gas and bio-fuel, and is expected to become the “PLATINUM Standard” by which all other fuel cell technologies are measured.

Renewable energy will represent the largest single source of electricity growth over the next five years, driven by falling costs and aggressive expansion in emerging economies, according to the International Energy Agency’s annual market report. The report sees the share of renewable energy in global power generation rising to over 26 percent by 2020 from 22 percent in 2013 – a remarkable shift in a very limited period of time. By 2020, the amount of global electricity generation coming from renewable energy will be higher than today’s combined electricity demand of China, India and Brazil.

The report says the geography of deployment will increasingly shift to frontier economies and developing countries, which will make up two-thirds of the renewable electricity expansion to 2020. China alone will account for nearly 40 percent of total renewable power capacity growth and requires almost one-third of new investment to 2020.

For more information, visit www.dominovasenergy.com

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Dominovas Energy Corp. (DNRG) is Preparing to Meet Rising Global Energy Demands

February 26, 2016

Dominovas Energy Corp. (OTCQB: DNRG) is an energy solutions company that seeks to develop cost-efficient, clean, and dependable electricity for the world. Using the power of fuel cells that emit electricity from a chemical reaction, the company has developed the RUBICON™ system. This solid oxide fuel cell (SOFC) technology creates ‘green’ and sustainable energy quickly and efficiently. Fuel cells are seen as the energy of the future since they can properly meet the demands of our energy-driven society. Therefore, Dominovas Energy stands to profit from these necessary and revolutionary power cells.

According to a recent article at Energybiz, our current energy solutions aren’t meeting the demands of our growing technology-based population. The article states that fuel cells can change daily life and meet our energy needs in a variety of ways. First, fuel cells used in vehicles have zero emissions and are not influenced by fluctuating oil prices. Fuel cells can also provide reliable, accessible, and cheaper power to homes and buildings. Furthermore, these cells are easily combined with fossil fuels, which quickly increase efficiency. Overall, fuel cells allow the population to produce its own energy without being “slaves to the grid.”

More and more companies, such as Coca-Cola (NYSE: KO), Nissan (OTC: NSANY), Pepperidge Farm (NYSE: CPB), UPS (NYSE: UPS), and IKEA, are seeing the positive outcomes of using fuel cells, which are in the lead of “Green Technology”. Dominovas Energy is preparing to meet these rising demands through the development of its RUBICON™ system, which could become the “Platinum” standard for fuel technology. This solution is expected to generate electricity with almost no emissions, create production improvements, and reduce operating and maintenance costs, all while producing reliable, silent, and uninterrupted quality power.

With rising global concerns over environment, energy, and pollution, Dominovas Energy is developing a solution that promises clean, dependable, efficient, and cost-effective electricity. The company aims to be known as the number one fuel cell energy solutions company in the world by continuously developing and delivering its product to energy-driven markets.

For more information, visit www.dominovasenergy.com

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Dominovas Energy Corp. (DNRG): Solid Prospects with its Innovative SOFC Technology

February 24, 2016

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. Neal 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

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Dominovas Energy Corp. (DNRG) Positioned to Power Surf the Rising Fuel Cell Wave

February 22, 2016

We made a clarification statement on the blog below. Please review at the following link: http://dtn.fm/XlS1E

A report, Global SOFC Market 2016-2020, this month from market research firm ReportsnReports predicts that the global solid oxide fuel cell (SOFC) market will enjoy a compound annual growth rate (CAGR) of 9.78 percent over the five-year period from 2016 to 2020. That’s twice the 4.96 percent rate of the S&P 500 from 2001 to 2015. The reporting analysts expect the main driver of this growth to be technological advances that will allow SOFC technology to be employed as an alternative to lithium-based batteries. Another study, by MarketsandMarkets, entitled Solid Oxide Fuel Cell Market, projects the SOFC market will grow from an estimated $2.19 billion in 2013 to $3.32 billion by 2018. Dominovas Energy Corporation (OTCQB: DNRG) is positioned to benefit from this market expansion. It has signaled its intention to acquire Grupo Trébol Holding, a private global energy solutions company with operations and strategic partnerships throughout Central and South America that is based in Guatemala City, Guatemala.

Dominovas Energy has developed the innovative RUBICON™ solid oxide fuel cell. The RUBICON™ is a modular SOFC system that operates at high temperatures (up to 800°C) and has a number of advantages. First, it is constructed of all solid components. Second, its accelerated electrochemical kinetics allow it to proceed without the need for expensive noble metals such as platinum. In some fuel cell applications, noble metals are used to catalyze the chemical reaction. Third, internal fuel reforming is possible and carbon monoxide may be used as a fuel. Fourth, it is more tolerant of fuel contaminants, such as sulfur, since these components dissipate before being deposited on the fuel cell components. And fifth, the RUBICON™ is capable of reforming multiple fuels such as diesel, natural gas, propane, ethanol, syngas (a mixture of carbon monoxide, carbon dioxide and hydrogen), methanol and bio-fuels. Additionally, SOFC systems are virtually silent, just like a battery.

In some ways, fuel cells are very similar to batteries in that electricity is produced by a chemical reaction. Fuel cells are usually grouped together to form a fuel cell stack. Each individual cell contains an anode, a cathode and an electrolyte layer. When a hydrogen-rich fuel such as clean natural gas or renewable biogas enters the fuel cell stack, it reacts electrochemically with oxygen from the air to produce an electric current, heat and water. While a typical battery has a fixed supply of energy, fuel cells continuously generate electricity as long as fuel is supplied.

Dominovas Energy Corporation has identified marketing and sales opportunities for fuel cells in frontier market countries, where electricity supply is frequently unreliable, antiquated, and expensive, as compared to the cost of electricity and its production in the United States. Dominovas Energy works with host nations’ governments. Initial project sizes range from three to 200 megawatts (MW), with eventual project sizes of up to 3,000 MW. Project cost projections range from $25 million and beyond. Dominovas Energy will provide power to the local utilities under power provider agreements (PPAs), and, prior to deployment, it will require specific guarantees, bonding or other credit support, as necessary, where the local contracting entities do not enjoy strong credit ratings.

In the surfing world, you’ll always hear ‘you should have been here yesterday’. That’s definitely something that won’t be said of Dominovas Energy Corporation.

For more information, visit www.dominovasenergy.com

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Dominovas Energy Corp. (DNRG) Seeing ‘Green’ in Fuel Cell Technology and Plans for Growth

February 19, 2016

Dominovas Energy Corp. (OTCQB: DNRG) builds shareholder value by pursuing opportunity around advancing “NextGen” clean energy – an efficient, solid oxide fuel cell (SOFC) technology. Referenced within the energy industry as the RUBICON™, this trademark is designed by world-renowned scientist and engineer Shamiul Islam, PhD, along with engineers from AVL List GmbH.

Today’s market sees consumers spending their money on “Green Technology,” and for good reason. By “greening” residential communities, corporate offices, recreational parks, retail sites, industrial complexes, and distribution centers, governments and companies are demonstrating their commitment to their customers, employees, and local communities to reduce atmospheric pollutants. Fuel cells are front and center to this conversation – leading the charge into this new era of “Green Technology.”

The transition to fuel cell systems is in full swing among companies worldwide. In the 2008 Fuel Cell Technologies Market Report, it was stated that “Green” companies are retaining old customers and attracting new ones. It has also been widely reported that fuel cells have an unmistakably positive impact on our environment.

Global concerns about climate change, energy security, and air pollution are driving demand for fuel cell technology. It has been reported that over 630 companies and laboratories in the United States are investing over $1 billion a year in fuel cells or fuel cell component technologies, according to Fuel Cells 2000. Major grocery chains, hotels, distributors, telecom companies, manufacturers, and many others that implement fuel cell systems are finding them to be exceptionally efficient and cost effective.

Dominovas Energy Corporation has designed the first of its kind “mega-watt true” fuel cell system and will manufacture, market, and deploy multi-megawatt power plants driving the production of ‘green technologies.’ Today, the company offers the RUBICON™ fuel cell system, a modular SOFC system that operates at high temperatures and offers its products to the fuel cell and sustainable/alternative energy industry. Dominovas Energy Corporation is headquartered in Atlanta, Georgia.

For more information, visit www.dominovasenergy.com

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Dominovas Energy Corporation (DNRG) Announces Agreement in Principle to Acquire Guatemala-Based Grupo Trébol

February 16, 2016

Before the opening bell, Dominovas Energy Corporation (OTCQB: DNRG) announced an agreement of principle terms to acquire Grupo Trébol Holding, a private global energy solutions company based in Guatemala City, Guatemala, with operations and strategic partnerships throughout Central and South America. According to the news release, Grupo Trébol operates with “minimal debt and more than ~US$2.5 million in verifiable assets, generating a number exceeding US$1 million in net operating profits with ~US$5 million in annual revenue.”

“The acquisition of Grupo Trébol catapults Dominovas Energy from a ‘pre-revenue’ company to an enterprise with a positive cash flow,” Eric Fresh, senior vice president of finance and investments with Dominovas, stated in the news release. “With this acquisition, Dominovas Energy has dramatically accelerated its goal to achieve net operating profits, which previously was set to commence in the next 9 – 12 months. The company now realizes immediate impact to its bottom line, while simultaneously and significantly bolstering its asset profile.”

Following this acquisition, Dominovas Energy is expected to be in a favorable strategic position to leverage a deeper suite of energy solutions for implementation across a collection of targeted global emerging markets, including those in Latin America.

“Using innovation for the generation, distribution and transmission of electricity, our combined corporate business models will serve as force-multipliers in supporting long-term growth within specific energy solution verticals. Dominovas Energy encourages growth through the replication and optimization of micro-grids using our proprietary RUBICON™, alongside other complementary and synergistic technologies such as Hydro and bio-mass, for the efficient delivery of power to governmental, industrial, and commercial customers worldwide,” added Michael Watkins, chief operating officer of Dominovas Energy.

Guatemala, in particular, is hailed as the ‘jewel’ of the Latin American electricity production and distribution market. Operating with a government mandated and planned mix of hydro, bio-mass, solar and geo-thermal energy systems, Guatemala is able to generate roughly 4,000MWs of power each year, with only 1,500MWs being consumed by the nation itself. The remaining power is provided to neighboring countries such as El Salvador, Nicaragua and Panama, allowing Guatemala to maintain profitability in its production and exportation of electricity.

Grupo Trébol maintains a position at the forefront of Guatemala’s diverse and sizable power generation market. This position, along with its cutting-edge approach to engaging the multiple market opportunities within Guatemala, has allowed Grupo Trébol to achieve strong growth and profitable market penetration in recent years. Following completion of the Dominovas Energy acquisition, Grupo Trébol is expected to build on this progress, benefitting from access to the company’s considerable technical prowess and project financing as it continues to flourish in the expanding Latin American power generation market and beyond.

For more information, visit www.dominovasenergy.com

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Dominovas Energy Corp. (DNRG) Looks to become Global Leader in Solid Oxide Fuel Cell Development

February 12, 2016

The Dominovas Energy Corporation (OTCQB: DNRG) is at the forefront of the alternative energy industry with its innovative RUBICON™ solid oxide fuel cell (SOFC). Fuel cells are an efficient, combustion-less, reliable, and virtually pollution-free energy source that provide electricity to power a wide array of applications, including buildings (manufacturing facilities, hotels and hospitals), primary power for grid integration, automobiles, emergency back-up systems, and base load grid power. A fuel cell utilizes the extraction of hydrogen from hydrocarbons such as natural gas to produce electricity. In principle, a fuel cell is an electrochemical device that operates like a battery. However, unlike a battery, a fuel cell requires re-fueling, not recharging. Fuel cells will continue to produce electricity and heat as long as there is a constant fuel source. The RUBICON™ works simply, has no moving parts, and operates silently, with water and excess heat as its only by-products. Consequently, the RUBICON™ provides the ideal solution for a myriad of electric power generation applications.

Dominovas Energy has identified marketing and sales opportunities for fuel cells in frontier market countries, where electricity supply is frequently unreliable, antiquated, and expensive, as compared to the cost of electricity and the production, thereof, in the United States. Dominovas Energy works with host nations’ governments. Initial project sizes range from 3 to 200 Megawatts (MW), with eventual project sizes of up to 3,000 MW. Project cost projections range from $25 million and beyond. Dominovas Energy will provide power to the local utilities under Power Purchase Agreements (PPAs), and, prior to deployment, it requires specific guarantees, bonding or other credit support, as necessary, where the local contracting entities do not enjoy strong credit ratings.

Backing up this bold strategy is the Dominovas Power management team. Heading the team is Neal Allen, Dominovas’s chairman, president and CEO. Prior to joining Dominovas Energy Corporation, Allen was CEO of Dominovas Energy, LLC from its inception in 2007 to the time of its merger with Western Standard Energy Group in February 2014. Allen also served as the chairman of Private Asset Group, LLC from 2002 to 2007. Emilio De Jesus is a board member of Dominovas Energy. He 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 Energy’s chief operating officer is Michael Watkins. Previously, Watkins 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 of fuel cell operations. Dr. Islam is one of the foremost experts on SOFC 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 two registered patents in his name. Dr. Islam worked at the University of Calvary as a postdoctoral fellow in the Dept. of Chemical & Petroleum Engineering during the period from 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, Fresh has extensive experience in the execution of special situation transactions involving structured debt and equity financings for project finance. As senior vice president, Fresh will lead and manage Dominovas’s capital investment and deployment program for financing the company’s power projects. Before joining Dominovas Energy, Fresh 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 E&K Partners, he worked at GE Capital, where he managed $2.5 billion in upstream oil and gas assets located throughout the continental U.S. and structured and invested more than $1.8 billion in debt and equity transactions across various energy and industrial sectors. Additionally, he has held various executive positions with investment and merchant banking firms, including Morgan Stanley and Salomon Smith Barney.

Rounding out the team is Spero Plavoukos, who sits on the board of directors. Plavoukos is currently serving as vice president of Pacific Design Center, which houses the West Coast’s top decorating and furniture market, with showrooms, public and private spaces, a branch of the Museum of Contemporary Art (MOCA) and two restaurants operated by chef and restaurateur Wolfgang Puck.

Dominovas Energy is set to realize its vision of being a global leader in SOFC development. With its cutting-edge technology and experienced management team, the company may just be known around the world in 80 days.

For more information, visit www.dominovasenergy.com

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