Petroleum Africa
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Thursday, November 12, 2015
Dominovas Energy Corp. has received an Independent Power Producer (IPP) license from the Angolan Ministry of Petroleum. The license, which was granted to the company on October 5, authorizes Dominovas to provide clean and reliable electricity to companies within the oil and gas industry, including Sonangol Group. Such an exclusive license is a capstone of the work Dominovas Energy’s executives have put forth to carry out its mission of the commercial proliferation of its SOFC fuel cell technology, the RUBICON™.
Angolan oil-producing platforms require over 1,200 MW of electricity each day, and its drilling platforms require nearly 1,220 MW of electricity each day. Over the next five years, new oil fields onshore and offshore will necessitate upwards of 2,000 MW of electricity per day. The RUBICON™ SOFC system meets industry objectives most adroitly and efficiently. Dominovas Energy chairman and CEO Neal Allen expressed, “This license positions us at the epicenter of the Angolan economy as a provider of electricity to the country’s most vital and profitable industry.”
Acquiring the Independent Power Producer license brings Dominovas Energy to the forefront of providing clean and sustainable, base-load, multi-megawatt electricity in Angola through its proprietary RUBICON™ SOFC system. President of the Africa Division for Dominovas Energy Emilio DeJesus added, “Dominovas Energy’s RUBICON™ system is the only fuel cell-based technology solution to be granted an Independent Power Producer license in the country. This demonstrates the Angolan leadership’s commitment to new technologies, allowing for positive stewardship toward minerals and resources.”
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