US independent power producers Novatus Energy and Southwest Generation
Independent power producers Novatus Energy and Southwest Generation have merged to create Onward Energy. The new company is owned by institutional investors who were advised by J.P. Morgan
Onward Energy
As an owner and operator of wind, solar, and gas-fired generation resources across the U.S., Onward Energy is committed to a reliable, affordable, equitable, and efficient energy transition. We are leading the energy transition with intentionality and best practices.
Onward Energy
Onward consists of wind, solar, and natural gas fired generation projects operating in 16 states and comprising over 4 GW. The company are constantly evaluating new technologies for commercial applicability, including energy storage, hydrogen, and carbon capture and sequestration
Slovakia moving forward with biggest investment in green
Slovakia has approximately €122 million earmarked for developing renewable electricity production in the National Recovery plan. The development of renewable energy falls under the Economy
A Microcosm of the Energy Transition
With 42 wind, solar and natural gas generation projects across 16 states, Onward Energy is a microcosm of the energy transition in a single company. Beyond traditional sources of power, Onward Energy is leading development and investment in the next generation of clean, reliable power, including battery storage and hydrogen.
Slovakia moving forward with biggest investment in
Slovakia has approximately €122 million earmarked for developing renewable electricity production in the National Recovery plan. The development of renewable energy falls under the Economy
Onward Energy formed through the Combination of Novatus Energy
Onward Energy owns 43 wind, solar, and natural gas generating projects across 16 states, and will be ideally situated to help customers address the U.S. energy market''s transition to
Merger creates 4-GW clean energy platform, backed
The enlarged business, called Onward Energy, is owned by institutional investors advised by JP Morgan Asset Management. It has 43 wind, solar and natural gas-fired power plants across 16 US states. The company
Energy in Slovakia
In 2022 Slovakia sought to reduce its reliance on natural gas from Russia who was supplying 81% in 2020. In order to lower reliance, a gas pipeline interconnector with neighbouring Poland was completed by August 2022 and put into operation in a bilateral opening ceremony on
Merger creates 4-GW clean energy platform, backed by JP
The enlarged business, called Onward Energy, is owned by institutional investors advised by JP Morgan Asset Management. It has 43 wind, solar and natural gas-fired power plants across 16 US states. The company will continue to service existing power purchase agreements (PPAs).
2023 ONW Sustainability Report Final
leader in the renewable energy transition. We invest in utility scale wind, solar, and clean, reliable natural gas assets. Onward Energy is also leading research, development, and investment in the next generation of clean, reliable power, including battery storage, and using hydrogen as an alternative fuel source.
6 FAQs about [Onward energy Slovakia]
Who owns onward energy?
Onward Energy will continue under common ownership by institutional investors advised by J.P. Morgan Asset Management. Onward Energy owns 43 wind, solar, and natural gas generating projects across 16 states, and will be ideally situated to help customers address the U.S. energy market's transition to lower carbon.
Does onward energy have a power purchase agreement?
The company will continue to service existing power purchase agreements (PPAs). The renewable power assets now held by Onward Energy came from Novatus Energy, which, prior to the combination, owned interests in 10 wind projects totalling 1,397 MW and a portfolio of 25 solar photovoltaic (PV) projects with a combined capacity of 543 MW.
What is onward energy?
We are Onward Energy. These are the values that lead Onward Energy. Where renewable meets reliable. For meeting low cost carbon goals to maintaining high reliability at affordable costs, we empower the potential of people, partners and planet. We are Onward Energy. Accountability, Adaptability, Collaboration and Excellence.
Who is the new CEO of onward energy?
Onward Energy will be led by Novatus’ CEO Steve Doyon, retaining that position, and Southwest Generation’s own CEO, John Foster, serving as executive chairman.
What are the values that lead onward energy?
These are the values that lead Onward Energy. Where renewable meets reliable. For meeting low cost carbon goals to maintaining high reliability at affordable costs, we empower the potential of people, partners and planet. We are Onward Energy. Accountability, Adaptability, Collaboration and Excellence. These are the values that lead Onward Energy.
How did Slovakia reduce its reliance on natural gas in 2022?
In 2022 Slovakia sought to reduce its reliance on natural gas from Russia who was supplying 81% in 2020. In order to lower reliance, a gas pipeline interconnector with neighbouring Poland was completed by August 2022 and put into operation in a bilateral opening ceremony on the 26 August 2022.