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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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Holtec, Entergy and Hyundai E&C Announce MOA to Analyze Potential SMR-300 Projects in Gulf South

LCG, August 5, 2026-- Holtec International, Entergy Services, LLC, and Hyundai Engineering & Construction Co., Ltd. (HDEC) yesterday announced their strategic collaboration to evaluate opportunities to advance the potential deployment of Holtec’s SMR-300 advanced small modular reactor (SMR) and supply carbon-free, reliable, base-load power to meet the increasing electricity demands of large-load industrial facilities, advanced manufacturing, and AI-driven data centers throughout the U.S. Gulf South.

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Industry News

Renewable Tax Credits Extended

LCG, January 7, 2013--The American Taxpayer Relief Act of 2012 was signed into law by the President on January 2, 2013, and the legislation includes provisions that extend tax credits for wind energy, biodiesel, cellulosic ethanol, electric vehicles, energy-efficient new homes and appliances.

The extension of the wind energy Production Tax Credit (PTC) both changes (i) the milestone from placing a new facility into service to commencing construction, and (ii) the deadline from January 1, 2013 to January 1, 2014. Given the new milestone, the one-year extension equates to much more than a year extension for project development.

Without the extension of the PTC and with relatively low natural gas prices, the outlook had been poor for continued growth in the development of land-based and offshore wind farms in the United States.

The American Taxpayer Relief Act of 2012 also extends the ability of new wind and certain other new renewable energy facilities that qualify for the PTC to elect a 30% investment tax credit (ITC) instead of using the PTC where construction began before January 1, 2014.

The Act also extends for another year "bonus depreciation" that allows taxpayers to immediately deduct 50 percent of the adjusted basis of certain types of property when the project is placed into service. Project developers now have until January 1, 2014 to place new solar, wind, or other renewable energy equipment into service.
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