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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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Avantus and Clean Power Alliance Sign PPA for 200-MW Solar Plus Storage Facility for Southern California Communities

LCG, July 13, 2026--Avantus, an independent power producer (IPP), and Clean Power Alliance (CPA) today announced a 20-year power purchase agreement (PPA) for the Rexford 2 solar and storage project in Tulare County, California. The project will deliver 200 MWac of solar power combined with a 200 MW/800 MWh of battery energy storage system (BESS) to the California grid. The project is scheduled to commence construction in 2027 and achieve operations in late 2028. Commercial operations under the PPA are scheduled to start in May 2029. Avantus plans to own and operate facility.

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Industry News

Virginia's Transitional Rates Draw Notice by Suppliers

LCG, Jan. 15, 2002--The announcement of Virginia retail rates by the State Corporation Commission gives potential power suppliers a benchmark against which to consider supply offers.

The key figure is the "price to compare," to which a transition charge is added. The "price to compare" is the price a supplier will have to beat in order to draw a customer looking for a less expensive alternative to Virginia Power; those who do not switch do not pay the transition charge. Until price caps are lifted in 2007, any customer switching to an alternate supplier for electricity will pay a transition charge. That charge was established to compensate utiltiies for investments that were put in place before deregulation.

Some companies with the potential to become competitive suppliers have testified before the General Assembly subcommittee dealing with electric deregulation that the charge, which is 2.13 cents per kilowatt-hour, will hinder competition from taking root as long as it is kept in place. Such companies as Old Mill Power Co. of Charlottesville and AES New Energy Inc. may buy wholesale power and then sell it to retail customers, meaning they do not require their own generation resources.

Pepco Energy Services has been the first and only company to offer customers an alternative during 2002, when deregulation began in Virginia. Its rates, which are for "green power," exceed those of Virginia Power by 2 cents per kilowatt-hour when the transition charge is added. Dominion Retail, which is part of the same corporate entity as Virginia Power, was a supplier in an early pilot program, and will continue to be a supplier.

Any supplier that wants to be competitive with Virginia Power will need to offer a rate of 3.671 cents per kilowatt-hour or less.
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