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In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.

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DOE Closes $1.9 Billion Loan to Restart Duane Arnold Nuclear Plant in Iowa

LCG, September 9, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) yesterday announced the financial close of a loan of up to $1.9 billion to NextEra Energy to support the finance of the restart of Iowa's only nuclear power plant, the Duane Arnold Energy Center. EDF has now financed three, carbon-free nuclear plant restarts and completed four concurrent conditional commitments and financial closings under the current Administration. This latest investment, along with the others, advance the Administration's energy dominance agenda and Executive Order, Reinvigorating the Nuclear Industrial Base.

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Industry News

AMSC Signs Agreement with Dongfang to Develop 5 MW Wind Turbines

LCG, January 6, 2010--American Superconductor Corporation (AMSC) announced yesterday that its wholly-owned AMSC Windtec™ subsidiary executed an agreement with Dongfang Turbine Co. Ltd. (Dongfang) to design and jointly develop 5 MW wind turbines for the offshore market.

Dongfang has exclusive rights to the 5-MW, offshore wind turbine designs in China and plans to begin supplying the global offshore market in 2012. According to the press release, AMSC has the right of first refusal to supply the core electrical components for Dongfang's 5 MW wind turbines.

Dongfang plans to commission shortly its first prototype 2.5-MW wind turbine designed under an earlier agreement with AMSC Windtec. Full production is expected to commence in the latter half of this year.

Dongfang is a subsidiary of Dongfang Electric Corporation, China's largest provider of power generating equipment and electric generating stations. In 2004 Dongfang Turbine entered the wind power market and became China's third largest wind turbine manufacturer in 2008.
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