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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

Plans for Mainland China Electric Restructuring Due This Year

LCG, Oct. 29, 2001--The president of mainland China's State Power Corp. says a massive plan for restructuring the country's electric industry, including a breakup of its generating sector, should be completed by the end of this year, the South China Morning Post reported today.

Restructuring the power industry is of major interest to the Chinese government, said Gao Yan, head of State Power, because Beijing wants to make the industry more responsive and drive down costs through competition.

Premier Zhu Rongji is known to be eager to see the industry, famous for price gouging, made subject to market discipline, the paper said.

At present, State Power controls the Chinese transmission grid and has a generating capacity of 150,000 megawatts, about half the country's total. According to insiders, the restructuring plan will call for "unbundling" of State power into generation, transmission and distribution, with the formation of an electricity pool system based on market prices.

Gao said Beijing would decide before January 1 whether to lift a ban that prevents private firms from acquiring generation assets. If the ban is lifted, there would be opportunities for Chinese power producers to acquire some of State Power's facilities.

The restructuring plan also will include a provision replacing China's provincial power bureaus with power generation companies that can compete across the country.

Lifting of the ban would also benefit China's two existing power producers, Beijing Datang Power Generation and Huaneng Power International.

Huaneng Power was established in 1994 to develop, construct, own and operate large coal-fired power plants and has installed capacity of 8,700 megawatts. Beijing Datang owns and operates four power plants with a total installed capacity of 4,050 megawatts.

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