With the addition of the CURRENTERGY™ Division, Dominovas Energy diversifies its portfolio of energy solutions into multi-megawatt hydropower generation applications to broaden its revenue generating opportunities in the renewable energy sphere. Dominovas Energy prides itself on being a responsible “Energy Solutions Provider.” It also realizes that only innovative technologically advanced energy solutions will support the overall economic development and rapidly expanding growth of many developing economies, particularly in Africa and Latin America.
Dominovas Energy entered the world of electricity generation by way of its proprietary fuel cell technology, the RUBICON™. However, Dominovas Energy’s leadership understands the world’s electricity needs cannot be limited to a single source opportunity. While Dominovas Energy established itself in the market under the technical leadership of Dr. Shamiul Islam, Executive Vice President for Fuel Cell Operations, the Company now expands its core capabilities to hydroelectric power generation. In recognizing the significant advantages for diversification in its product offering, Dominovas Energy’s CURRENTERGY™ Division focuses on the deployment of hydroelectric power generation solutions.
Through extensive travels and experiences throughout the world and specifically in Africa, Dominovas Energy has identified an abundance of natural resources within developed countries and frontier markets that are underutilized and can be responsibly harnessed to create clean sources of power generation. After careful and thorough analysis, the Company realizes that the vast resource for hydropower potential in developing economies and frontier markets must be responsibly utilized, to usher in a new paradigm of energy security. Given that hydropower produces 75% of the world’s renewable energy output, Dominovas Energy strategically decided that hydropower is a necessity for its renewable energy offerings, as it supports the Company’s mantra to become the leading energy solutions company, dedicated to delivering clean, efficient, and reliable electricity on a multi-megawatt scale to areas of the world that lack this precious and necessary commodity. CURRENTERGY™ is a venerable strategic division and embodies Dominovas Energy’s steadfast dedication to bolster the Company’s renewable energy portfolio, as a whole.
As an energy solutions company, Dominovas Energy realizes the conservation and responsible utilization of natural resources is paramount to its corporate and social responsibility. Creating a large dam for the production of electricity can be environmentally obtrusive to local communities and wildlife; instead, the option to use multiple innovative hydropower solutions which is significantly less impactful environmentally for those who rely so much on these water resources for their basic needs and survival. CURRENTERGY™ seeks to maintain the harmony inhabitants have with water and their natural environment, to responsibly deploy its innovative, technologically advanced hydropower solutions – and thus becoming the cornerstone of what has evolved into a global push towards a sustainable renewable energy future.
CURRENTERGY™ is poised to deliver its proprietary ORCAS™ (Ocean River Current Access Solutions) system, which is platformed upon the most advanced eco-friendly and effective hydro technologies available today in creating sustainable power generation. The ORCAS™ system enables both on- and off-grid clean energy and micro-grid flexibility for the generation of electricity from river and ocean-based power generating systems, with minimal impact to the environment and natural resources. As a strategic partner and leading global technology supplier, CURRENTERGY™ has agreed to collaborate with Andritz Hydro. Andritz has over 175 years of experience in the deployment, service, refurbishment and rehabilitation of hydropower energy projects. For more information, visit www.andritz.com/index/hydro.htm