Yes I finally found it in several place. I reread while I had a chat session with them. The first answer was figure 1 shows only 25 volts. I referred to the power dissipation which is a function of voltage and current on the LED pin. I got him to admit it is confusing. So he is forwarding the question to a product engineer. So I will post when I get more info.
Okay, this time at the risk of being a month and a half behind...
The 4101 is not a true buck driver. It appears to be quite similar to the STCS1.
For the STCS1 the relevant bit in the datasheet is this equation:
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The power dissipation in the device can be calculated as follow:
PD = (VDRAIN - VFB) x ILED + (VCC x ICC)
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some discussion I posted in Nano-Reef
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Vfb is always .1V (.2V for the 4101?) so we'll ignore it for our purposes here. Also Vcc X Icc is never much because Icc is small. So the meat of the equation is:
PD = Vdrain X ILED
In the case of running three LEDs off of a 24V supply, one would have:
Vdrain = 24V - 3(~3.5) = 24 - 10.5 = 13.5V
And at ILED = .7A, 1A and 1.5A this would result in a power dissipation :
Pd = 13.5V X .7A = 9.45W
Pd = 13.5V X 1A = 13.5W
Pd = 13.5V X 1.5A = 20.25W
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Now, I know one of you posted the 4101's power dissipation equation from it's datasheet, but as I recall, they omitted the Vdrain X ILED term in the 4101's datasheet.
Editing: Ah, checked the 4101 datasheet and see that what they are calling VLED is what ST calls Vdrain. And you don't have a Vfb because the Rset pin on the 4101 operates rather differently than the FB pin on the ST part does.
This is the power dissipation you're fighting when your power supply voltage is very much above your summed forward voltages.
I (no longer) believe that the datasheet is in error. It is merely unclear.