Lighting Industry News

LED Driver Revenue to Triple

May 21, 2013: 11:06am
Global revenues for LED driver ICs used in general lighting applications will more than triple from 2012 to 2015, as the market for solid-state illumination booms, according to IMS Research. The market governing LED driver ICs for lighting will surge to US$666 million in 2015, up from US$214 million in 2012, said IMS. Growth will moderate somewhat during the following years, but revenues are expe... Read More

Lighting Enhances Spinning

May 21, 2013: 7:41am
Fitness experts are shining a new light on group classes from Zumba to yoga because they believe the right lighting can transform the four walls of a fitness studio from a dance party to a meditation space, and back again. Read more at Reuters.... Read More

HIgh-end LED Lighting in Demand

May 21, 2013: 7:38am
Apart from gradually replacing traditional lighting, LED lighting is targeting the high-end market with more value-added products. In addition, commercialization of OLED lighting has also started. LED lighting prices were four times as expensive as energy-saving light bulbs in 2011 but by the end of 2012, the difference had narrowed to 30%. Therefore, in order to avoid price competition, internat... Read More

LRC Launches First Interactive, Online Lighting Design Resource for Homes

May 20, 2013: 12:03pm
NYSERDA-Funded Website Helps Homeowners, Contractors and Builders Design Quality, Efficient Lighting to See Better, Save Money Troy, N.Y. -- The Lighting Research Center (LRC) at Rensselaer Polytechnic Institute has launched the first interactive website to help homeowners, contractors and builders choose the right light bulbs, fixtures and controls to maximize energy savings, calculate lighting ... Read More

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