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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

FootPrint Power Hires Iberdrola to Construct Combined-Cycle Plant in Salem

LCG, December 16, 2014-Iberdrola USA announced Friday that its sister company, Iberdrola Engineering and Construction, has been hired by Footprint Power of Bridgewater, New Jersey to build a 674-MW combined-cycle electric generating facility in Salem, Massachusetts. Iberdrola Engineering will be responsible for all engineering, construction, commissioning, and site work for the project. The new, gas-fired facility will incorporate GE's Flex-Efficiency design.

"With new EPA carbon emission rules on the horizon, this new, quick-start combined-cycle plant will provide much needed low-emission power for New England," said Iberdrola USA's chief corporate officer. "As we increase the use of renewable energy resources in the region, this plant will also provide critical balancing services to supplement the growing renewable generation fleet."

The announcement follows a recent Federal Energy Regulatory Commission (FERC) action granting Footprint Power a one-year deferment on its five-year obligation to generate electricity from its project. Some local residents have opposed the plant, slowing the project and threatening to push the on-line date to beyond the five-year window. The target on-line date had been June 2016; however, the date is now pushed back until June 2017. The estimated construction period for the project is 30 months.

Footprint Power's President & Chief Operating Officer stated, "We are moving forward on that front as quickly as possible. This order being granted allows us to move forward on those fronts and to finalize all agreements and transactions."

The power plant will be built at a 65-acre waterfront site now occupied by the decommissioned coal-and-oil-fired Salem Harbor Station generating plant. The much smaller footprint of the gas plant will make available a large parcel of waterfront property for future recreation, retail and commercial development.
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