M a r k e t N e w s

Dominovas Energy Advances Its Plans for Africa

Posted on : Saturday, 15th October 2016

 Dominovas Energy Corporation (OTCQB: DNRG) today announces it has formally submitted a Request for Proposal (RFP) for the Ekurhuleni Energy Generation Program in Johannesburg, South Africa in an effort to be awarded a 20 megawatt (MW) Power Purchase Agreement (PPA) utilizing its RUBICON™ Solid Oxide Fuel Cell technology. This 20-year PPA was a collaborative submission by Dominovas Energy and its joint venture partner for the project Mponeng Holdings [PTY] LTD, a South African company located in Johannesburg.

Mponeng Holdings (MPH) t/a Pharox Lumens Africa is a sustainability energy management company which, through its proven technologies, enables energy users to reduce energy consumption in order to preserve energy resources for the future and reduce environmental pollutions by promoting efficient energy use. Its "Demand-Side Management" applications enable clients to run clean and green operations leading to reduced carbon emissions and energy consumption, thereby, maximizing bottom line whilst preserving the environment. MPH is also currently appointed to explore and implement energy efficiency and renewable energy initiatives within the Msunduzi Local Government Municipality.

"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," said Dominovas Energy's chief operating officer and the president of its Fuel Cell Division Michael Watkins. "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.' We simply do not see it as prudent to install and then seek to determine the 'next' client," Watkins added.
If awarded, this 20MW RUBICON™ system will be installed to provide electricity for the Ekurhuleni Metropolitan Municipality in Johannesburg, South Africa.

Source : www.power-eng.com
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