A Nigerian company, Quintas Renewable Energy Solution, has been named by the Climatology Division of the World Bank as one of the ten inventors selected across the world for contributing towards reduction in carbon emission through their products in 2010.
Quintas, incorporated in 2009 after ten years of research and development in the area of power backup (electricity) in critical areas in hospitals, offices, homes and rural communities, has a large percentage of the UPS market in Ondo State, where it is based, and neigbouring states of Osun, Ekiti and Edo.
It was also adjudged by the World Economic Forum (WEF), alongside 30 others, as WEF Technology Pioneers for the same period and its chief executive officer (CEO), Dr. Omotayo Dairo, invited by the global body to Davos , Switzerland to be part of the annual World Economic Conference.
Briefing newsmen in Akure before the trip, Dairo, a medical doctor and chairman of the Governing Board of the Lagos University Teaching Hospital (LUTH), said representatives of the selected companies would have private sessions with various multinational concerns across the world before having an evening with billionaire Bill Gates on Saturday.
Dairo, who is the Ondo State chairman of the Peoples Democratic Party (PDP), said the power backups being produced by the organization in form of inverters were equipped with buffer voltage compensation features to prevent voltage drop when being loaded, battery overcharge/over discharge and other protective features.
He said the features also include automatic overload protection facilities and turbo charger facility to compensate for the recurrent low voltage that is common in power delivery in Nigeria making it very safe for use in household electrical appliances, a trait that caught the attention of the world bodies.
He disclosed further that Quintas inverters also have brownout detection and power disconnect features to protect voltage sensitive equipment, while the inverter comes on automatically to prevent interruption in power supply.
According to him, the inventions of the organization in the area of generation of electricity for use in the rural communities were being set for demonstrations as precedent to commercialization stressing that the organization had concluded plans to establish the first factory of its kind in Africa that would process saw dust, wood shavings and chippings to high energy yielding pellets and reduces global green house gas emission.