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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

Duke Announces It Did Not Participate in Enron Strategies, Dynegy Rewrites 2001 Revenues

LCG, May 17, 2002-The Federal Energy Regulatory Commission ordered energy companies to hold onto trading records and state whether or not they participated in certain trading strategies, and the some of the most recent companies to respond are Duke and Dynegy.

Duke Energy asserted today that it did not participate in any of the twelve strategies outlined in the Enron memos released last week. The company said that it looked over trading from 1999 to 2001 and that under 1 percent of trades and revenues were from such trades, adding that those falling in that less-than-1-percent were conducted to ensure real-time prices, not increase volume.

Meanwhile, Dynegy, which is under formal investigation by the Securities and Exchange Commission, has revised its 2001 net income by 12 percent after a tax benefit, related to a natural gas transaction, came under review.

Baltimore-based Constellation Energy Group also announced yesterday that it did not participate in trading volume inflation and that it never had any goals to trade in high volume.

Last week and early this week energy companies Reliant Resources and CMS Energy Corp. said they did participate in "round-trip" trading in order to increase trading volume.

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