In the recent past, we have filed three 8Ks with the Securities and Exchange Commission. These filings occurred on Thursday, 10 November, 2016 and on 17 November, 2016.
The RUBICON™ Showcase unit at the University of Johannesburg in South Africa
In one 8K filing, we detail the Memorandum of Understanding with Egoli Gas to provide the natural gas resources we require for the operation of the RUBICON™.
This is a key development for the Company.
We followed this up with a news release on 21 November, 2016 which expanded on the arrangement. This represents a significant step for our Company with regard to the installation of the RUBICON™ at the University of Johannesburg in South Africa. As the RUBICON™ unit operates on natural gas, it is a necessity to have a source for this fuel.
The RUBICON™ will provide 50kW of power for educational, residential and administrative facilities as well as other facilities at the University of Johannesburg in South Africa. This power generation facility will be our showcase and model to use
Regarding the RUBICON™, many shareholders have asked for photos of the unit. We are currently putting infrastructure in place for the unit and we will not publish photos at this time, as the photos will make certain trade secrets apparent.
We are committed to providing timely updates to shareholders as we move through this process.
Clean Coal Electrical Power Plant in Madagascar
In the 8K regarding The Letter of Intent (the “LOI”) with the Republic of Madagascar we are engaging in discussions for the purpose of deploying a 650MW clean coal electricity generating plant.
We recently completed a visit with The President of Madagascar, which was detailed in our recent news release. President Hery Rajaonarimampianina is committed to ending the energy shortage in his country and this is a key objective of his. We expect to sign a binding Memorandum of Agreement with the government of Madagascar, that will provide for the installation and operation of a 650MW clean coal electrical power plant.
This plant will allow for the generation, distribution, consumption and sale of energy to and within the country of the Republic of Madagascar.
10MW RUBICON™ Solid Oxide Fuel Cell System in the country of Brazil
In our most recent 8K of 17 November, 2017, Dominovas Energy and Grupo LEROS an Oil and Gas and Energy company based in Brazil, along with Ax Deel Partners, LLC have executed a Memorandum of Understanding for the delivery and installation of a 10MW Showcase of Dominovas Energy’s RUBICON™ Solid Oxide Fuel Cell System in the country of Brazil.
The MoU concerns the joint interests and intent of the companies and Dominovas Energy Corporation, a United States publicly traded Company incorporated in Nevada and with registered offices in Atlanta, Georgia, to mutually work in partnership for the utilization of the RUBICON™ in South America.
I can tell you now tell you that Dominovas Energy was unfortunately not selected for the current round of funding by USTDA, as we published that the Company made a submission to receive grant funds. The criteria for selections is stringent. Because Andritz does not have manufacturing facilities in the US, this made it cumbersome to award Dominovas Energy the funds for those projects. And because the data we have available for a 10kW fuel cell system is based on critical and lengthy testing and not commercial data, we were also not approved for funding on the fuel cell projects.
Importantly, this in no way stops either of these projects, in fact, I hope to be able to speak to new opportunities on both of these fronts in the immediate future.
Chairman & CEO
Dominovas Energy Corp. (OTC: DNRG)
1170 Peachtree Street NE, 12th Floor
Atlanta, Georgia 30309
Phone: (800) 679-1249