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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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Avantus and Clean Power Alliance Sign PPA for 200-MW Solar Plus Storage Facility for Southern California Communities

LCG, July 13, 2026--Avantus, an independent power producer (IPP), and Clean Power Alliance (CPA) today announced a 20-year power purchase agreement (PPA) for the Rexford 2 solar and storage project in Tulare County, California. The project will deliver 200 MWac of solar power combined with a 200 MW/800 MWh of battery energy storage system (BESS) to the California grid. The project is scheduled to commence construction in 2027 and achieve operations in late 2028. Commercial operations under the PPA are scheduled to start in May 2029. Avantus plans to own and operate facility.

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Industry News

Cape Wind Project Secures $600 Million in Financing

LCG, March 5, 2014--Cape Wind announced last week that it has secured $600 million in financing for its proposed $2.5 billion wind power farm off the Massachusetts coast. Danish export credit agency EKF approved the loan pending due diligence, and the new loan is the project's largest so far.

By the end of the third quarter, Cape Wind anticipates that the remaining financing will be secured. Initial operations and generation could commence as soon as 2016.

The 468-MW Cape Wind project will include 130, 3.6-MW wind turbines located in Nantucket Sound, Massachusetts. The offshore wind farm will connect to the power grid via a 66.5-mile, buried submarine transmission cable system.

The project developer has pursued government approval since 2001 and completed State and local permitting in 2009.

In December 2013, Siemens and Cape Wind signed a major contract in which Siemens will supply Cape Wind its 3.6-MW offshore wind turbines, an offshore Electric Service Platform (ESP) and a service agreement for the first 15 years of commercial operations.
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