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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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Construction Starts on Panamint Capital's 1.2 GW Solar Project in Texas

LCG, July 23, 2026--Panamint Capital announced today that construction has commenced at Big Rooter Power, a nearly 1.2 GWdc solar PV project located at the company's Twin Oaks power station in Robertson County, Texas. The $1.7 billion will be the largest solar project built at an existing coal mining site in North America.

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Industry News

Federal Judge Finds Legal Basis for PG&E Utility Rate Case

LCG, July 31, 2002-Federal Judge Vaughn Walker ruled that the Pacific Gas & Electric California utility had legal basis for its contention that state regulators unfairly prevented it from raising customer rates.

Pacific Gas & Electric utility filed for bankruptcy last year during the California energy crisis, when disparity between wholesale electricity rates and mandated customer rates stretched the utility's finances.

The utility wants to recover as much as $8.1 billion from customers and charges that the rate freeze prevented the utility from staying out of the red.

Judge Walker ruled that the utility had legal ground to stand on and a case management conference has been set for August 16.

State regulators contend that PG&E took in billions in surplus money before the energy crisis because of the rate freeze, $7.1 billion of which was used to pay dividends, buy back stock, and retire debt.

PG&E has over $13 billion in outstanding debt.

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