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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

Energy Companies Adopt Trading Guidelines

LCG, November 19, 2002A group of U.S. energy companies has decided to adopt measures to regulate themselves in order to regain the faith of lenders, investors and regulators.

Officials from 31 energy companies and utilities have come together to form the Committee of Chief Risk Officers, which is responsible for creating voluntary market rules. The group, taking advice from regulators, security analysts, accountants, and credit rating agencies, endeavors to regain investor confidence by establishing energy market standards. The effort has taken shape quickly, beginning last month with Mirant Corp., Constellation, Duke Energy Corp., Tractabel SA, Dominion Resources Inc. and American Electric Power Co.

These rules address governance, credit risk management, and disclosure. While many companies were tepid at most about increased disclosure, peer pressure has apparently won over many industry players, who have now been convinced that greater transparency is the only way to attract otherwise wary investors. Among the measures to be instituted will be specific reporting on different kinds of transactions, in such a way that activities at distinct companies can be compared directly.

Many companies are interested in distancing themselves from the fraudulent behavior that has since landed many energy companies in court and in the red.

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