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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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Arevon Celebrates Commencement of Operations at the 300-MW Nighthawk Energy Storage Project in California

LCG, August 12, 2026--Arevon Energy, Inc., an energy developer, owner, and operator, today announced that its 300 MW/1,200 MWh Nighthawk Energy Storage Project in Poway, California, is now operational. Arevon celebrated the project's completion with an on-site ribbon-cutting ceremony attended by project partners, local officials, and others who helped bring the project online. Nighthawk, the largest standalone storage facility in the company's portfolio, should enhance system reliability and is among the San Diego region's most significant energy storage facilities.

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Industry News

SoCal Edison Gets Two More Days to Pay Cal-PX

LCG, Jan. 17, 2001The Federal Energy Regulatory Commission, acting on a request from the California Power Exchange, voted late yesterday to give Southern California Edison Co. two more days to pay $215 million it owes the state agency for electricity purchases.

While not exactly an agency of the state government, Ca-PX was set up by legislation restructuring California's electricity market as a market through which all wholesale power purchases in the state were required to be made. It is considered a major fly in the ointment of deregulation in the Golden State.

FERC Chairman James Hoecker said California should use the two days to come up with a plan to solve its power crisis.

"I remain hopeful that California officials will use the 'breathing room' offered by today's order to make whatever painful decisions are necessary to avoid greater pain by California ratepayers," Hoecker said in a statement that accompanied the order.

"There should be some commitment by the State of California and its leadership to stop the financial bleeding of its utilities and to ensure that, on a going forward basis, the accounts receivable of those providing energy to California will not increase further," Hoecker said.

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