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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

Slovakia Privatizes Energy (a Bit)

LCG, May 22, 2002-The government of Slovakia decided to allow the sale of 49 percent of each of three electricity distributors.

Final approval for the sale came after three weeks of delay, which saw discussions between parties within the group responsible for approval.

49 percent of Zapadoslovenska Energetika AS will be sold to Germany's E.On for €330 million ($304 million). RWE Plus will buy the same percent of Vychodoslovenska Energetika AS for €130 million ($120 million), and Electricite de France will buy 49 percent of Stredoslovenska Energetika for €158 million ($145 million).

Having chosen from 10 bids, the Slovak government is selling its assets with the help of HSBC Holdings, CAIB Securities, and BNP Paribas, and expects payment within three months.

The sale of Slovak electricity generator Slovenske Elekrarne AS will wait until after fall elections.

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