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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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Google Sign 396 MW PPA with Fervo Energy for Geothermal Power

LCG, September 3, 2026--Fervo Energy earlier this week announced a 396-MW power purchase agreement (PPA) with Google to enable the continued development of the Cape Station enhanced geothermal systems (EGS) GeoCluster, located in southwest Utah. Under the agreement, Google will purchase carbon-free, 24/7 electricity designed to serve as a foundational building block for a potential data center in Utah. The facility is expected to come online in 2028.

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Industry News

Armenia Privatizes Energy Industry

LCG, August 27, 2002Yesterday the government of Armenia agreed to sell 81 percent of its electricity system to Midland Resources Holding, Ltd.

The British company will share ownership of the system with the European Bank for Reconstruction and Development.

Of five companies interested and qualified to purchase Armenias electricity assets, only Midland Resources retained interest in buying.

After the Soviet breakdown, Armenia had capacity for only as little as 2 hours per day worth of electricity for some years.

The 81 percent of shares went for $37.15 million.

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