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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

AEP Shareholder Resolution Emphasizes Risk in Emissions

LCG, Apr. 23, 2003--An AEP shareholder resolution seeking stronger actions by the company to detail measures it is taking to reduce its emissions and assess the possible effects of emissions regulation on its profitability received notable institutional support, with 26.9% of shares voted in favor today.

The resolution was recommended by Institutional Shareholder Services Inc. (ISS), which provides advice to management of pension and mutual funds. Connecticut's pension fund and Christian Brother Investment Services Inc. filed the resolution, expressing the opinion that business risks from emissions need to receive exposure due to the evolution of policy on greenhouse gases. AEP executives responded by saying that profitability could be hurt by further emissions-related investment, and that the company is distinguished by having pursued emission reduction more strongly than its competitors.

A spokesman for AEP, which produces approximately 70% of its electric power from coal, told The Wall Street Journal after the vote, "It looks as if many of them followed the ISS proposal." ISS supported a resolution advocating more focus on renewable energy by ExxonMobil last year which received 20% of the vote. It has also opposed similar measures in the case of Weyerhaeuser Co., a maker of forest products, and for PG&E Corp.
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