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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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Construction Starts on Panamint Capital's 1.2 GW Solar Project in Texas

LCG, July 23, 2026--Panamint Capital announced today that construction has commenced at Big Rooter Power, a nearly 1.2 GWdc solar PV project located at the company's Twin Oaks power station in Robertson County, Texas. The $1.7 billion will be the largest solar project built at an existing coal mining site in North America.

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Industry News

California Fines SoCal Gas $3.5 Million

LCG, Sept. 11, 2000California regulators have fined Southern California Gas Co. $3.5 million for allegedly bilking 500 property owners out of fair value for mineral rights and then lying about it to the California Public Utilities Commission.

The fine was part of a settlement agreement reached with the utility Thursday that will allow the property owners to unwind their deal with the company. SoCal Gas agreed to the settlement without admitting wrongdoing.

SoCal Gas is a subsidiary of Sempra Energy Inc. and a sister company to San Diego Gas & Electric Co. which has had regulatory problems of its own as consumers have seen their electric bills more than double this summer.

The $3.5 million fine will go to the state, and not the property owners. In voting unanimously to fine the company, regulators conveyed the impression they didn't like being misled. Details of the utility's mendacity were not disclosed.

As part of the settlement, Sempra must develop an ethics course for employees of SoCal Gas and its other subsidiaries.

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