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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 Announces New "American Nuclear Supply Chain Loans" to Accelerate Deployment of Large-scale Reactors

LCG, June 23, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) announced today that it issued a conditional loan commitment to finance the purchase of long-lead time items needed to rebuild America’s commercial nuclear supply chain. In addition, Westinghouse Electric Company announced today its intention to partner with the EDF on the new loans.

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Industry News

California Solar Initiative Approved by CPUC

LCG, January 13, 2006--The California Public Utilities Commission (CPUC) yesterday approved the California Solar Initiative (CSI), a program designed to provide approximately $2.8 billion in incentives to spur solar development over the period from 2006 through 2016. The goal is to develop approximately 3,000 MW of electric generating capacity utilizing solar energy.

The CSI includes incentives for customers to develop photovoltaics (PV) and solar thermal electric projects under 1 MW capacity. The initial PV incentive levels will be set at $2.80 per watt effective Jan. 1, 2006 and will be reduced by about 10 percent per year. The incentive levels for solar thermal electric projects and solar heating and cooling will be determined later this year.

The CPUC will oversee a $2.5 billion program for commercial and existing residential customers that is funded by revenues collected through gas and electric utility distribution rates. The CPUC estimates that the average cost to a residential electric customer will be approximately $12 per year and that the average residential natural gas cost will be $1.40 per year.

The California Energy Commission (CEC) will manage $350 million targeted for new residential building construction. The CEC funds have previously been allocated to the CEC to encourage renewable projects between 2007 and 2011. Existing solar programs, such as the CPUC's Self-Generation Incentive Program and the CEC's Emerging Renewables Program, will be transferred into the CSI by the end of this year.

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