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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

E·on Goes Shopping with Nearly $26 Billion

LCG, Dec. 14, 2001--German utility Eon said yesterday it would invest 28.7 billion euros ($25.8 billion U.S.) over the next three years, about 55 per cent of which would be outside Germany. More than 80 percent of the investment will be in the energy sector.

Items on Eon's shopping list include Powergen Plc of Great Britain, for which the German company has budgeted 8 billion euros ($7.2 billion) and Ruhrgas, Germany's largest natural gas company, which could cost Eon 4 billion euros ($3.6 billion).

Ulrich Hartmann, Eon's chief executive, said most of the spending would be in Europe and North America, and could be fully funded from cashflow and the proceeds from the sale of non-core assets. The objective is to make Eon one of the world's leading energy providers.

Last month, the company said it hoped to purchase to large U.S. energy companies and has set aside a war chest of 35 to 40 billion euros ($31.5-$36 billion) for those and other acquisitions.

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