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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

China to Officially Dismantle National Energy December 29

LCG, December 18, 2002-Chinese officials will conduct a ceremony on December 29 to mark the decentralization of China's electricity assets.

In April, Chinese Officials announced that the State Power Corporation, which controls over half of Chinese electricity generation and all of the transmission, would be split into several smaller companies. Now China has set an official date to the breakup.

The state transmission assets will be under the control of two companies. The southern transmission company will be responsible for Guizhou, Hainan, Guangdong, Guangxi, and Yunnan provinces, while the northern transmission company will be responsible for all other provinces.

All of the generation assets will be split between five new companies. Each of those companies will have a unit made up of one of the following already existing companies: Beijing Datang Power Generation Company, Shandong International Power Development, SP Power Development, China Power Holdings, and Huaneng Power International. These companies will serve as fundraising units.

December 29 will also mark the creation of a new government body, the State Electricity Regulatory Commission.

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