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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

New Jersey to See Deregulation in a Month

LCG, July 1, 2003Starting the first of August, New Jerseys electricity rate caps will be lifted.

It is hoped that the move will lead to a more competitive electricity generation market, although some people are worried about elevated power costs, especially since utilities have racked up $1 billion in deferment.

New Jersey's energy market started opening up four years ago with the Electric Discount and Energy Competition Act, and in August the so-called phase-in period will have expired.

Many non-utility energy companies, especially renewable energy producers, have been trying to compete in the New Jersey market with little success, since prices have been fixed. Retail consumers can expect prices to increase by as much as ten percent this summer as utilities try to recover losses due to high wholesale prices and capped retail prices over the last few years.

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