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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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Oklo and Centrus Sign Letter of Intent to Purchase Nuclear Fuel for Aurora Powerhouse Deployment in Southern Ohio

LCG, June 19, 2026--Oklo Inc. and Centrus Energy Corp. announced yesterday a Letter of Intent under which Centrus agrees to supply enough domestic high-assay low-enriched uranium (HALEU) to power up to five of Oklo's Aurora nuclear powerhouses for multiple years, with deliveries to Oklo scheduled to begin in 2029. Centrus will supply HALEU from its American Centrifuge Plant in Pike County, Ohio to support Oklo’s planned 1.2 GW power campus in the region

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Industry News

New Jersey BPU Approves Settlement with PSE&G for Solar Investments

LCG, May 31, 2013--The New Jersey Board of Public Utilities (BPU) voted Wednesday to approve a modified settlement agreement with Public Service Electric & Gas (PSE&G) to invest up to $446 million in solar projects over three years.

Under the agreement, PSE&G may spend $247 million on 42 MW of solar generating capacity located on brownfield sites (including landfills), plus 3 MW of smaller projects. In addition, PSE&G would invest up to $199 million on 97.5 MW of new solar generation via a loan system.

The modifications to the settlement include oversight provisions that require PSE&G to: provide the BPU with monthly financial and progress reports; submit within 30 days its criteria for selecting projects and developers; and provide the BPU and ratepayer advocate ten days to review contracts prior to execution.

The New Jersey Division of Rate Counsel had opposed the agreement based upon its belief that there were inadequate safeguards to limit utility spending and that the ten percent return PSE&G would receive was too high.

The investments to develop solar power are also valued as a means to improve reliability in the wake of Hurricane Sandy.
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