Dominovas Energy Corporation announced the execution of a 3MW multi-year Power Provider Agreement (PPA) to provide electricity to the Somico Mine in the Democratic Republic of the Congo (DRC) via its proprietary RUBICON(TM) Solid Oxide Fuel Cell system. The Somico Mine is owned and operated by SOMICO-RDC SARL. The Project is a part of Dominovas Energy's ongoing campaign to electrify the continent with its state-of-the-art, clean, reliable, and efficient source for power generation.

The Somico Mine is located in the SANKURU/LUSAMBO region of the DRC. The physical deployment of the RUBICON(TM) in the Democratic Republic of Congo is expected to begin in Fourth Quarter of 2016. The 3MW installation is a continuation of what is the large 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.

The RUBICON(TM) will produce over 25.5 million kWh of clean, efficient, and reliable electricity every year. The 3MW Power Provider Agreement (PPA) will yield more than $107 million in guaranteed revenue to Dominovas Energy over the multi-year term PPA.