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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

Senate Energy Committee Puts Nuclear Assistance into Energy Bill

LCG, Apr. 11, 2003--As much as $30 billion worth of loan guarantees for the building of six new nuclear power plants producing 8,400 megawatts were approved by the Senate Energy Committee as part of a broader energy bill yesterday.

Sen. Pete Domenici, R-N.M., has already indicated that he believes nuclear power is an important part of the nation's energy portfolio. "This committee is no longer frightened to death with the notion of nuclear power," Domenici, the chairman of the committee, said. The loan guarantees, for which no specific amount was given, would cover half of the cost of individual plants, estimated by lawmakers at $10 billion apiece.

The private insurance industry has not offered coverage for the full amount of claims that could be incurred following an accident at a nuclear plant. The Senate Energy Committee also voted to prolong for the foreseeable future coverage provided the government for claims over $9.3 billion.

"Nuclear power is a mature technology today," said Sen. Jeff Bingaman, D-N.M. "I can't see a justification for the taxpayer picking up such a substantial portion of these costs."

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