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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

Allegheny May Seek Bankruptcy Protection

LCG, June 24, 2003Power and utility company Allegheny Energy said it might seek bankruptcy protection.

The Maryland company noted that several factors have contributed to its decline, including its trading status, the cancellation of projects, and general company performance. As a result, Allegheny is in violation of a public utility law regarding a common equity ratio requirement.

Financial agreements that Allegheny made with other firms require that the company comply with the law, and Allegheny has requested that the Securities and Exchange Commission allow it further financing.

Alleghenys ratio of equity to total capital structure is less that 28 percent.

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