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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

Florida Power & Light Will Cut Rates

LCG, March 14, 2002-The Florida Power & Light Company came to an agreement with Florida officials and electricity consumers, allowing for a 7 percent decrease in electricity rates over the next four years.

A subsidiary of the FLP Group Inc., the Florida company announced that the rate cut will reduce base charges by $250 million and fuel charges by $200 million per year. The plan requires the company to turn over revenues that exceed a specified amount, $450 million for 2002, to Florida customers.

The decision has yet to be approved by the Florida Public Service Commission.

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