Meet the Team

We are a team of dedicated professionals, ready to do what ever it takes to make your business grow.

John D. Howard III

John D. Howard III

Chief Technical Officer

Mr. Howard brings engineering and program management to Coronal’s current Renewable Energy Clean Air Project (RECAP) using plasma gasification of municipal solid wastes. To be located in International Falls, Koochiching County, Minnesota the plasma gasification waste-to-energy facility will be the first of its kind in North America. Mr.Howard is also directing many similar projects in the U.S. and other parts of the world. Mr. Howard leads the technical section of the company in areas such as process flow, control systems, system integration, and biofuel production.

Mr. Howard has an extensive background in large infrastructure research development mainly in the utility and energy sectors. He worked for Honeywell 17 years and served as the Principal Business Development lead for the Global Controls Laboratory during the last five years of his career with Honeywell. In that capacity he secured several significant research projects from federal and state agencies, such as the Department of Energy (DOE), the Electric Power Research Institute (EPRI), California Energy Commission (CEC), Environmental Protection Agency (EPA) and Defense Advanced Research Projects Agency (DARPA).

In 2000, Mr. Howard secured Honeywell’s largest ever on-site generation program from DOE’s Distributed Generation Consortium worth $4.3M. Prior to Coronal, Mr. Howard developed a start-up company whose mission is to oversee the installation of turnkey Combined Heat & Power (CHP) systems for light commercial and industrial customers. Under the leadership of Mr. Howard, the company secured several commercial customers developing small CHP solutions.

Mr. Howard’s education background is a MBA degree in marketing from University of St. Thomas; a MS degree in electrical engineering from University of Minnesota; and a BS degree in electrical engineering from Howard University.

Stephen W. Korstad

Stephen W. Korstad

Chief Financial Officer

Mr. Korstad brings financial and program management to Coronal’s current Renewable Energy Clean Air Project (RECAP) using plasma gasification of municipal solid wastes. To be located in International Falls, Koochiching County, Minnesota the plasma gasification waste-to-energy facility will be the first of its kind in North America. Mr. Korstad is also directing many similar projects in the U.S. and other parts of the world. Mr. Korstad leads the finance, legal and development sections of the company.

Mr. Korstad has an extensive background in finance, law and real estate development. Prior to Coronal, he was President and CEO of Korridor Capital for 20 years and was a founder and principal of the company. Mr. Korstad successfully directed the family-owned company in commercial real estate development and ownership and more recently in energy development. Mr. Korstad worked in land development with projects involving regional and local retail centers and a regional hospital. Mr. Korstad invested in commercial office space and promoted Combined Heat and Power (CHP) energy projects. Now with Coronal he is providing development and financing expertise for Plasma Gasification facilities.

Mr. Korstad is a member of the Solid Waste Association of North America (SWANA), EPA-CHP Partnership and the Minnesota Bar Association. He was a member of the Minnesota Distributed Generation (DG) work group analyzing DG tariffs and interconnection standards before the Minnesota Public Utility Commission.

Mr. Korstad’s educational background is a JD degree from Hamline University School of Law; a LLM degree in tax law from University of Miami School of Law; a MPA degree from University of Texas at Austin, LBJ School of Public Affairs; and a BA degree with honors in economics from Grinnell College.