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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

Duke's Plans for Battery Storage System Gain Momentum

LCG, April 15, 2011--Duke Energy Renewables will employ a $44 million dollar, 36-MW battery storage system to support its 153-MW, Notrees Wind Project located in west Texas. Duke's spokesperson stated that it will be the world?s largest power storage system for a wind farm after it is installed late next year.

Duke selected Xtreme Power, a manufacturer of large-scale developer of digital power systems, to design, install and operate the battery storage system. The project is funded in part by a $22 million grant from the U.S. Department of Energy (DOE).

The Notrees Wind Project commenced service in April 2009. The first phase of the project is rated at 90 MW and includes 55 Vestas turbines that operate at 1.65 MWs each; the second phase is rated at 60 MW and includes forty, 1.5-MW General Electric turbines.

The Duke spokesperson stated, "In addition to supplying stored renewable energy, this battery storage system will be capable of providing other key grid services, including helping smooth out the frequency of electricity traveling throughout the power grid....One of the key intents of this energy storage project is to test and demonstrate how that added flexibility can benefit renewable-power projects throughout the country."

The Electric Power Research Institute (EPRI) will support the project team and collect data to evaluate other potential grid applications.
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