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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

California IOUs Advance with Wind Power Projects Totaling 765 MW

LCG, February 4, 2011--Two of California's largest Investor-Owned Utilities (IOUs) yesterday announced progress on major new wind projects that have a combined electric generating capacity of 765 MW. Successful completion of these wind projects will be a significant step for both utilities towards meeting their ever-rising renewable energy requirements dictated by California's Renewable Portfolio Standard.

Three power purchase agreements (PPAs) between Pacific Gas and Electric Company (PG&E) and Greengate Power Corporation (Greengate) were approved by the California Public Utilities Commission (CPUC). The 20-year PPAs totaled 450 MW and are for Greengate's wholly-owned subsidiaries: Halkirk I Wind Project LP, Blackspring Ridge IA Wind Project LP and Blackspring Ridge IB Wind Project LP. The PPAs relate to the purchase and sale of renewable energy credits (RECs) generated by Greengate's 150 MW Halkirk I Wind Project and 300 MW Blackspring Ridge I Wind Project, both located in Alberta, Canada. Under the terms of the three PPAs, PG&E will purchase all the RECs at fixed prices for 20 years.

The Halkirk I Wind Project is scheduled for completion in 2012, and the Blackspring Ridge I Wind Project is scheduled for completion in 2013.

San Diego Gas & Electric (SDG&E) and Pattern Energy announced a 20-year PPA for the output from Ocotillo Wind Energy Facility, a 315-MW project located approximately 25 miles west of El Centro in the Imperial Valley. This project is scheduled for completion by the end of 2012 to coincide with the in-service date for the 500-kV Sunrise Powerlink transmission line that is now under construction. The PPA still must be approved by the CPUC.

In California, IOUs, electric service providers (ESPs) and community choice aggregators (CCAs) regulated by the
CPUC are required to procure a growing percentage of retail sales annually from eligible renewable sources, with a long-term goal of 33 percent renewable energy by 2020. According to the CPUC, the IOUs collectively served 15.4 percent of their 2009 electric load with renewable energy, up from 13 percent in 2008. In 2009, PG&E served 14.4 percent of its load with RPS-eligible renewable energy, SCE with 17.4 percent, and SDG&E with 10.5 percent. The results for 2010 are expected to be released next month.
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