Lighting Industry News

Aging Eyes Need 4X Light

May 20, 2013: 8:48am
Think about this. As aging adults, we need environments that offer four times the light needed when we were younger. Ideally, it's natural light that's complemented by high-quality ambient, task or accent lighting. As we age, even without sobering eye conditions such as age-related macular degeneration or well-ripened-but-yet-to-be-removed cataracts, we lose our ability to focus on written detail... Read More

City Decides to Keep Mercury Lights over LED for Now

May 20, 2013: 8:46am
Plymouth's quest for greater efficiency in its street lighting has been dimmed, but not extinguished, as city officials grapple with more immediate financial concerns. The city commission, at a recent budget study session, informally agreed to postpone a $104,000 project that would replace 392 mercury-vapor street lights with new light-emitting diode, or LED, lamps that could greatly cut the am... Read More

Philips Encourages Energy Efficiency

May 20, 2013: 8:20am
At the 6th Annual EE Global Forum, the premier international energy efficiency conference hosted by the Alliance to Save Energy, Royal Philips issued a strong call for businesses and government to step up actions to implement energy efficiency measures. Read more.  ... Read More

Cree Expands CR Series LED Downlights Delivering Greater Application Coverage and a Lower Initial Price

May 16, 2013: 5:35am
Breakthrough Innovation Provides Rapid Payback of Less than a Year While Outperforming Traditional Lighting DURHAM, N.C., May 14, 2013 – Building upon the success of the CR Series downlights, Cree, Inc. (Nasdaq: CREE) introduces Cree® Full Definition CR4™ and CR6™ downlights – the ideal luminaire to replace outdated incandescent four- and six-inch recessed downlights. Featuring a warm-wh... Read More

Energy Focus Narrows Loss

May 16, 2013: 4:49am
OLON, Ohio, May 15, 2013 (GLOBE NEWSWIRE) -- Energy Focus, Inc. (EFOI) a global leader in energy-efficient lighting technologies, today announced financial results for the first quarter ended March 31, 2013. Financial results for the quarter include the following: Net sales of $5.3 million for the first quarter of 2013 and 2012. Gross margins of 22.5 percent of net sales compared to 14.8 perc... Read More

Orion Adds Two New Directors

May 16, 2013: 3:50am
MANITOWOC, Wis.--(BUSINESS WIRE)--Orion Energy Systems, Inc. (NYSE MKT: OESX), a leading power technology enterprise, announced today that it has expanded its Board of Directors from eight to ten members, with the appointment of Kenneth L. Goodson, Jr. and James D. Leslie as independent directors. Read more.... Read More

Shadow Banking Article Focuses on China's NVC. 30% Interest?

May 12, 2013: 1:50pm
Many Hong Kong brokerages have a new and profitable business, despite the economic downturn: lending money to mainland entrepreneurs at high interest rate, sometimes more than 30 per cent. Such private financing activities are a new and fast-growing business for many mid-sized and large local brokerages in the city. Mainland entrepreneurs have increasingly turned to Hong Kong for this kind of hi... Read More

Philips Reduces LED Count by 50%

May 09, 2013: 7:16am
SAN JOSE, Calif., May 9, 2013 /PRNewswire/ -- Philips Lumileds today introduced the LUXEON 3535 2D, which combines two LED chips in a package to enable reduction in LED count and cost of designing retrofit lamps, consumer downlights and diffuse industrial lamps. Best-in-class efficacy of 140 lm/W is achieved for cool white light at 4000K and minimum 80 CRI. Read more.... Read More

LSI Launches 20,000 Lumen LED Canopy Lighting

May 09, 2013: 7:13am
CINCINNATI, May 8, May 08, 2013 (GLOBE NEWSWIRE via COMTEX) -- LSI Industries Inc. LYTS +4.91% announced today the introduction of an innovative and technologically advanced LED canopy lighting solution unlike anything available in the market today. The Legacy(TM), a revolutionary advancement in petroleum canopy lighting that is poised to revitalize the market, provides a combination of high pe... Read More

Osram to Close Incandescent Plant in Indonesia

May 08, 2013: 3:23pm
Osram said Wednesday it will shut down its production site in Indonesia's Tangerang with some 1,100 employees as part of the savings program of Siemens' lighting unit which aims for a public listing.Read more: http://www.foxbusiness.com/news/2013/05/08/osram-to-close-light-bulb-factory-in-indonesia/#ixzz2SjrNdbSh Read more at Fox Business.... Read More

After Detroit's Lights Come Back On, Then What?

May 08, 2013: 3:20pm
There’s a thing we do in Detroit. It’s a pattern we’ve repeated, time and time again, for decades. We spot a problem, we take a look at it, we think a while, and we come up with a few solutions. We select whichever answer is the simplest and least forward-thinking, and we implement it. This week, we’ve decided to spend a whole lot of money to turn the street lights back on. Read more at De... Read More

Malibu to Implement MLO

May 08, 2013: 3:06pm
Perhaps fed up with several recent disputes over lighting in Malibu, city officials and 30 members of the public expressed overwhelming support for a citywide lighting ordinance last week at a special meeting at Malibu City Hall. The ordinance is expected to provide clear ground rules on outdoor lighting, although at least one commenter warned that it could prove costly for some properties to comp... Read More

Cree Goes After Canopies

May 07, 2013: 10:11am
DURHAM, N.C.--(BUSINESS WIRE)--Cree, Inc. (Nasdaq: CREE) announces a breakthrough innovation in canopy LED lighting with the introduction of the CPY250 canopy and soffit lighting series. Consuming 75 percent less energy than the MH (Metal Halide) systems it’s designed to replace and 5-15 percent less energy with more than 35 percent increased performance compared to competing higher-cost LED lu... Read More

Detroit Gets $600,000 For Lighting

May 07, 2013: 7:07am
Detroit’s new public lighting authority will begin receiving funds under an order Emergency Manager Kevyn Orr issued last week. The authority will get $600,000 on May 15 and another $600,000 in both June and August, according to the May 2 order from Orr, who has the power to make all of the city’s financial decisions without approval from the mayor or the city council.  Read more. ... Read More

Progress on DC Power Grids

May 07, 2013: 7:05am
There is a long-standing debate as to whether we would be better off had Tesla prevailed over Edison, and we had a DC-voltage power grid. Actually the answer isn’t clear cut, but without question a DC grid in a building can increase energy efficiency for many building systems including lighting. Indeed LEDs need DC power, so DC-powered solid-state lighting (SSL) eliminates one lossy power-conver... Read More

Siemens Reports Higher Sales; Misses on Earnings Estimate

May 06, 2013: 7:44am
Industrial goods manufacturer Siemens AG (SI) reported second quarter fiscal 2013 net income of $1.36 billion (€1.03 billion) or $1.56 per share (€1.18) compared to $1.24 billion (€0.94 billion) or $1.35 per share (€1.02) in the year-earlier quarter. Although earnings increased on a year-over-year basis, it missed the Zacks Consensus Estimate of $1.92. Read more at Yahoo! Finance.... Read More

EnergyStar Hacked; Should be Back Online 6 MAY

May 05, 2013: 7:16pm
Q: What happened? A: On April 28, EPA’s ENERGY STAR website experienced a cyber-attack that resulted in unauthorized access to ENERGY STAR servers. The website was immediately taken offline, and the Agency began working with authorities to investigate.   Q: What information of mine was accessed? A: At this time, we have not detected signs that any data was accessed, but we are still investi... Read More

Energy Focus Announces New CEO

May 02, 2013: 1:51pm
SOLON, Ohio, May 01, 2013 (GLOBE NEWSWIRE via COMTEX) -- Energy Focus, Inc. (otcqb:EFOI) today announced that Joseph Kaveski has stepped down as its Chief Executive Officer. The Board of Directors has appointed James Tu, previously non-executive Chairman of the Board, Executive Chairman. The Board has also appointed Eric Hilliard as President, a role he assumes in addition to his current role as C... Read More

Siemens Plans OSRAM IPO in July; $4.3B Valuation

May 02, 2013: 1:48pm
 Valuation at a discount to lighting peers * Osram Q2 EBITA margin 7 pct, aims for more than 8 pct (Adds details on profit margin, valuation) FRANKFURT, May 2 (Reuters) - German engineering group Siemens aims to float its lighting business Osram on the stock exchange in early July, it said on Thursday, following a short delay due to legal action by a handful of investors.  Read the story a... Read More

Nearly Half of New Lighting Projects to Use Controls

May 02, 2013: 7:35am
As was shown by the flood of announcements leading up to the Lightfair conference last week, all the major LED companies are focusing on implementing intelligent platforms for controlling lighting fixtures in industrial and commercial buildings. A range of new partnerships are being formed to make it easier for LED manufacturers to produce "intelligence-ready" products, which may also create n... Read More