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RWE Commissions the 200-MW Stoneridge Solar Project in Texas

LCG, November 26, 2025--RWE announced today the commissioning of the Stoneridge Solar project, located in Milam County, Texas. The project capacity is 200 MW of solar power, plus a battery energy storage system (BESS) that provides 100 MW (200 MWh) of battery storage capacity. The BESS improves the supply of short-term, reliable, affordable electricity in ERCOT.

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Oklo and Siemens Energy Sign Agreement to Accelerate Power Conversion System for New SMR in Idaho

LCG, November 19, 2025--Oklo Inc. and Siemens Energy announced today that the parties have signed a binding contract for the design and delivery of the power conversion system for Oklo’s Aurora-INL (Idaho National Laboratory) nuclear small modular reactor (SMR). The agreement authorizes Siemens Energy to begin engineering and design work to expedite procurement of long-lead components and to initiate the manufacturing process for the power conversion system. Oklo’s expertise in advanced fission technology will be combined with Siemens Energy’s extensive industry experience with steam turbine and generator systems, with the ultimate goal of generating carbon-free, reliable electricity.

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Industry News

Enron's Fastow Surfaces -- Not Much to Say

LCG, Dec. 13, 2001--Andrew Fastow, the formerly missing former chief financial officer of Enron Corp., was put on display at a Houston news conference yesterday by super-litigator David Boies, but he was limited by his lawyers in what he could say.

"Hello. Happy holiday season. Thank you for coming," Fastow said, exactly as instructed.

At the same time, lawyers from the Attorney General's Office and the Securities and Exchange Commission who thought Fastow was supposed to be talking to them asked a federal judge to enforce an October 31 subpoena to which Fastow had not responded.

"This is not a situation where he is not going to be available," Boies said, acknowledging that the sole purpose of the Houston press conference was to show that the former Enron executive had not fled the country. "Mr. Fastow will be responding to a variety of inquiries from a variety of government agencies," Boies said.

When reporters asked if Fastow had been out of the country in the past two months, Boies said the question was irrelevant.

When Fastow failed to meet with SEC officials and lawyers from the Justice Department, the SEC asked a federal judge in Washington to enforce its October subpoena and the Justice Department rescheduled the meeting. Neither move seemed to impress Boies.

"We told the SEC we would be happy to present Mr. Fastow, however we were not going to be in a position to turn him over to the SEC on 48 hours notice," Boies said, adding "People know that Mr. Fastow is available, but he is not going to be available on 48 hours notice."

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