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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

PSEG to buy 35 Percent of Polish Power Plant

LCG, Aug. 31, 2001--U.S. utility holding company Public Service Enterprise Group Inc. said yesterday that it will take a 35 percent interest in Elektrownia Skawina, a coal-fired power plant that supplies a fifth of the power needs of the Krakow area in Poland.

"We are expecting to sign a deal around September 15," said George Holoyda, manager of PSEG's Polish unit. The Polish treasury said it would likely sign a sales agreement with PSEG by the end of September.

PSEG, which will pay $25 million for its share of the 590 megawatt plant, beat out rival bids from French utilities Electricit de France and Snet. Under terms of the purchase, the American company will be allowed to increase its stake to more than 50 percent by investing in the facility.

Skawina is the last of Poland's conventional power plants to be sold under the country's privatization program, which is expected to be completed in 2005. Three cogeneration plants and one electric distribution firm remain to be sold this year.

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