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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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Avantus and Clean Power Alliance Sign PPA for 200-MW Solar Plus Storage Facility for Southern California Communities

LCG, July 13, 2026--Avantus, an independent power producer (IPP), and Clean Power Alliance (CPA) today announced a 20-year power purchase agreement (PPA) for the Rexford 2 solar and storage project in Tulare County, California. The project will deliver 200 MWac of solar power combined with a 200 MW/800 MWh of battery energy storage system (BESS) to the California grid. The project is scheduled to commence construction in 2027 and achieve operations in late 2028. Commercial operations under the PPA are scheduled to start in May 2029. Avantus plans to own and operate facility.

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Industry News

Peru's Privatization Delayed While Protests Debilitate Cities

LCG, April 18, 2002-Peruvian officials planned to auction off state-owned generators on May 1 but have pushed the date back to the 15th at the request of bidding parties.

Egasa and Egesur were to be up for sale even before the May 1 date; Wednesday's postponement to May 15 was the second within a week.

Meanwhile groups in southern Peru have protested, fearing job losses and higher electricity prices. Many civic groups see nothing beneficial in yielding national assets over to foreign investors.

Yesterday protestors blocked entrance to Peru's second largest city, Arequipa, workers were on strike, buses were out of service, and stores in the center were closed. Other Peruvian cities were affected as well. Workers in southern Peru began striking the day before yesterday.

AES Corp., Duke Energy, NRG, Public Service Enterprise Group, Tractebel (Belgium), and Statkraft(Norway) have been found technically qualified to bid on Egasa and Egesur.

Peru's intentions of privatization were set back last week when an official resigned from Copri, the country's privatization commission. Executive Director Pedro Sanchez left the commission after it was decided that the commission would be combined with two other governmental bodies. Vice Financial Minister Patricia Teullet also resigned last week, a move that may have made foreign investors a little skittish.

A Congressional committee has advised that privatization wait until a technical study can be conducted, while others fear that privatization is moving too slowly and may become further hindered by municipal elections some months from now.

Peruvian officials hope to get $700 million for the sale of public energy assets.

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