Dedicated to
Energy Excellence
About
Kelvolta was founded with one goal: to raise the performance and profitability of America’s gas turbine power plants with proven upgrades such as power augmentation and straightforward project financing. We deliver customized solutions that are partner- and technology-agnostic, allowing plant operators to improve generation output, boost financial results, and increase grid reliability and efficiency.
Our Expertise
Founded by veteran power systems engineers, project developers, and structured finance experts, Kelvolta combines:
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Turbomachinery Insight: Exhaustive knowledge of Brayton cycle physics, combustion and gas-path dynamics, and heat-transfer systems.
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Digital Innovation: In-house expertise spanning AI/ML analytics, edge computing, cloud architecture, and control systems.
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Operational & Financial Acumen: Skilled in optimizing project economics through operational realization and project finance structuring.
National Delivery with Local Support: From generation fleets and independent power producers to industrial cogeneration sites—we adapt to diverse regulatory and infrastructural environments.
Our Team
Russell Blades
Founder & Chair
Russell Blades is a seasoned energy executive with over 40 years of leadership experience in energy services (Enron, Grapevine Energy, Phoventus, Alstom), utilities (Mississauga, Ontario Hydro), industrial operations (Barrick Gold), and engineering (Bassai, AMEC). At Hill International, Mr. Blades successfully managed the business line for power augmentation, improving clients’ gas turbine output, heat rate and overall performance in a variety of locations. Rusty holds energy and process-based patents and maintains his Senior Member status with the Association of Energy Engineers. With degrees in Energy Engineering and Industrial Management, he is a trusted advisor to utilities and industrial operators worldwide.
Jon Guice, PhD
Chief Executive Officer
With 25 years of experience building utility and industrial energy businesses, Jon Guice has originated and closed financing for over $1 billion in thermal and renewable power projects. As former COO and project development executive at Qcells, Greenskies and Open Mountain, he brings a proven track record of managing complex projects in dynamic energy markets. He is the author of pioneering publications on power purchase agreements, advanced control systems, and energy storage for grid stability. Before energy, Dr. Guice worked in computer science and AI at Stanford and NASA. He holds a Ph.D. in technology management from UC San Diego. His deep proficiency in advanced technologies and project delivery drives substantial improvements in power plant performance.
Elizabeth Stephens, PhD
Chief Financial Officer
Elizabeth Stephens is a Harvard-educated CPA with over 20 years of experience managing more than $5 billion in assets and transactions across technology and energy sectors. She has served as CFO for venture capital funds and held senior accounting positions at Arthur Andersen and Deloitte, bringing expertise from over 300 complex corporate, tax, and investment cases. Based in Silicon Valley, Dr. Stephens is a published academic and an authority on corporate accounting. Holding a CPA, Master's in Accountancy, and Ph.D., she is trusted by leading technology and energy clients for her strategic financial expertise.
