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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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SRP and EDP Renewables Announce Completion of 800 MWh Flatland Energy Storage Project in Arizona

LCG, June 9, 2026--EDP Renewables North America LLC (EDPR NA) and Salt River Project (SRP), a not for-profit public power utility serving central Arizona, today announced the completion of the Flatland Energy Storage project, located in Coolidge, Arizona. The new battery energy storage system (BESS) has a generating capacity of 200 MW and can provide 800 MWh of storage capacity to store energy during times of surplus supply and deliver power to customers when needed to meet peak periods of customer demand.

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Industry News

Indonesians and Americans Battle over Indonesian Power Projects

LCG, April 3, 2002-Indonesian national oil and gas company Pertamina is fighting U.S. investors over $261 million regarding a suspended geothermal project.

During the Asian financial crisis a few years ago, several Indonesian power projects were suspended, including the West Java Karaha Bodas geothermal plant.

When plans to build the plant were cancelled, Kahara filed claims to retrieve its investment money from Pertamina. A Swiss arbitration panel ruled that Pertamina pay $261 million to Kahara, whose principal investors are FPL Energy LLC and Caithness Energy LLC, both U.S. companies.

However, a Central Jakarta district court ruled otherwise, and Pertamina insists that since the payment must be made in Indonesia and the Indonesian law refutes the Kahara claim, the Indonesian company has won after all.

$130 million of Pertamina's funds have been frozen, and the Indonesian ruling's impact on U.S proceedings has yet to be determined.

Several other legal disagreements relevant to energy investments are ongoing in Indonesia, the world's fourth most populated country.

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