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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

New Round of Enron Indictments Handed Down

LCG, May 2, 2003--The government's investigations of Enron executives has led to the indictment of eight people this week, as well as the wife of Andrew Fastow, the former chief financial officer of the corporation.

A Houston criminal defense attorney, Kent Schaffer, told the Houston Chronicle that if those indicted decide to proceed to trial, rather than cooperating as witnesses against others such as former chairman Kenneth Lay and chief executive Jeffrey Skilling, progress would be slowed substantially. Such trials could involve detailed and highly technical testimony that might be difficult for jurors to follow.

On Thursday, seven defendants appeared in court to plead innoncent. Lea Fastow, Andrew Fastow's wife of 18 years, will be tried apart from the executives, and is charged with conspiracy to commit wire fraud, money laundering, and filing false tax returns, in connection with a special purpose entity concerned with wind farms in California.

In the case of one executive who served at Enron Broadband Services, which the government claims misrepresented its prospects for supplying high-bandwidth data services, lawyers for Joseph Hirko said organizers of a class-action lawsuit on behalf of shareholders had decided not to name him in it. His lawyers asserted that he was being indicted because of over-aggressive prosecutors, not actual evidence.
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