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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 Ed Will Wait for Lawmakers to Return

LCG, July 30, 2001Southern California Edison Co. said on Friday that it will cut a little slack to California lawmakers and wait for the state legislature to return from its summer vacation, rather than sticking to its August 15 deadline for legislation to permit the state to purchase its transmission assets.

When California Gov. Gray Davis and the utility negotiated a deal for the state to pay $2.76 billion for the utility's transmission system early this year, they set the deadline and have insisted it must be adhered to..

Now, officials of SoCal Ed say they will use the time between now and August 20, when the legislature will reconvene, to work with the governor's office, legislative staff and regulators to put together a plan for the lawmakers to consider when they are refreshed from a month's vacation.

Three measures, one in the state Senate and two in the Assembly, were in various degrees of sinking when the legislature adjourned for its summer recess. All contained wide diversions from the deal put together by the company and the governor.

Legislation adopted last week by the state Senate did not provide for the purchase of the transmission lines, though it would provide state backing for up to $2.5 billion in bonds to be issued by SoCal Ed. A company official said that some provisions of that bill "simply don't work well, don't work at all." The Assembly adjourned without having taken a vote on any sort of plan.

Now, the company appears ready to give the legislature another chance to get the arrangement with Davis right.

On Friday, Ted Craver, chief financial officer of the utility's parent company, Edison International Inc., said in a conference call with some SoCal Ed creditors "As long as we see a significant and good faith effort to get that resolved, we have a preference to put all of our efforts to that."

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