Dominovas Energy Provides Electricity to the Democratic Republic of Congo

Dominovas Energy (OTCQB: DNRG) announces the execution of a guaranteed 200MW multi-year Power Provider Agreement (PPA) with the South Kivu Province in the Democratic Republic of the Congo. Dominovas Energy will provide this electricity by means of its proprietary RUBICON™ Solid Oxide Fuel Cell system.
According to the press release:

This announcement by Dominovas Energy comes after the Company’s announcement just a few weeks ago of its 3MW PPA with the SOMICO SARL mines, also in the Democratic Republic of the Congo, and its 3MW PPA to electrify the City of David in the country. Dominovas Energy is forging ahead with its platform to deploy a technology that will revolutionize the way electricity is delivered in Africa. The physical deployment of the RUBICON™ in the Democratic Republic of Congo is expected to begin in Q4 of 2016. Yet the 200MW deployment will not begin until 1^st Quarter of 2017. The 200 MW installation is a continuation of what is the largest single deployment of fuel cell technology on the continent of Africa, representing a paradigm shift in the DRC’s approach to addressing concerns regarding harmful carbon emissions, and to reducing the ever-expanding equipment maintenance and inefficiencies that are associated with increased costs, as are endemic with power generation from diesel generators, combined-cycle gas-fired turbine (CCGT) power plants, and other combustion-centric technologies.

 
Michael Watkins, Dominovas Energy COO and President of its Fuel Cell Division, said:

There is a very calculated approach to the methodology of Dominovas Energy. It was critical to make certain we had venerable OEM partners that have the supply chain and manufacturing bandwidth to allow us to execute large scale orders and deliver as promised.

Click here to read the full Dominovas Energy press release.