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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

Mexico Cuts Energy Funding by 25 Percent

LCG, October 8, 2002-The budget approved by Mexico's Congress allows for $1.5 billion less that what iss necessary for maintenance, operation, transmission, and distribution of electricity.

Mexico's Federal Electricity Commission, or CFE, along with representatives from state power distributor Luz y Fuerza de Centro (LFC), requested that legislators reinstate the state company's funding.

The Congress gave $8.5 billion to energy, although $10 billion was requested, and officials insist that fuel alone will cost $5 billion.

Energy officials insist that 20 percent less revenue than expected, or $400 million, was received from ratepayers because of electricity theft and lowered demand.

Mexico owns about 40,000 megawatts of capacity and expects a yearly growth in electricity demand of 5.6 percent.

Other issues currently being discussed between legislators and Mexican energy officials include nuclear plant safety, pollution from aging plants, hydroelectric dam-induced flooding, and a joint Mexico-Guatemala hydroelectric plant project.

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