Lighting Industry News

Introducing Lighting by Drone

July 11, 2014: 5:39am
Researchers at MIT and Cornell University hope to change that by providing photographers with squadrons of small, light-equipped autonomous robots that automatically assume the positions necessary to produce lighting effects specified through a simple, intuitive, camera-mounted interface.... Read More

U.S. Army Studies Effect of Lighting on Mood, Thinking

July 10, 2014: 8:14am
NATICK, Mass. - A light bulb drawn over someone’s head usually symbolizes an idea – but could the type of light bulb, or type of lighting, actually affect how well someone is able to think?... Read More

Weakness in Smart LED Lightbulbs Exposes Wi-Fi Passwords

July 09, 2014: 7:17pm
In the latest cautionary tale involving the so-called Internet of things, white-hat hackers have devised an attack against network-connected lightbulbs that exposes Wi-Fi passwords to anyone in proximity to one of the LED devices.... Read More

DLC Announces New Dimming Policy

July 09, 2014: 7:20am
           Dear DLC Members and Stakeholders: Consistent with the announcement of the draft policy on April 29, the DesignLights Consortium® (DLC) is revising its application process to request information from manufacturers regarding the dimming capabilities of their luminaire, retrofit kit, and linear replacement lamp products for which they are seeking listing on the DLC Qua... Read More

Paul Mercier Assumes Office of President of IES

July 08, 2014: 12:08pm
Paul Mercier assumed the office of President of the Illuminating Engineering Society of North America (IES) effective July 1, 2014. Mercier succeeded Dan Salinas. Paul Mercier has been a member of the IES since 1997. He is also a Professional Member of the International Association of Lighting Designers and is Lighting Certified by the National Council on Qualifications for the Lighting Professio... Read More

Singapore Goes LED; 500 Roads to be Converted

July 08, 2014: 9:11am
SINGAPORE — Street lights at about 500 roads in Singapore will be progressively replaced with more energy-efficient Light Emitting Diodes (LED) lighting starting this month.... Read More

In Search for Profitability, Lighting Science Group Ceases US Manufacturing

July 08, 2014: 7:05am
**Exclusive.  Must credit EdisonReport. EdisonReport can confirm that Lighting Science Group implemented a major reduction in force on Monday, 7 JUL as it ceases manufacturing at its Satellite Beach, FL facility.  LSG will increase its Asia manufacturing presence. Research and Development (Maxik Labs) and Sales and Marketing will remain in Satellite Beach. EdisonReport has been told that this... Read More

Revolution Lighting Technologies Expects Significant Growth

July 07, 2014: 7:09am
STAMFORD, Conn.--(BUSINESS WIRE)--Revolution Lighting Technologies, Inc. (RVLT) (“Revolution Lighting”), a leading provider of advanced LED lighting solutions, today provided a business update for the second quarter of 2014. Revenue in the second quarter of 2014, which includes approximately two months of the recently completed Value Lighting acquisition, is expected to be approximately $17.5... Read More

Is Cree Interested in Acquiring the Philips LED Business???

July 03, 2014: 8:47am
Cree, which is a direct competitor for Lumileds and has over 1.2 billion in cash and cash equivalents, declared in its last earnings call that it is open for opportunities to grow through strategic acquisitions.  Read more.... Read More

New Residential Requirements in California's Title 24

July 03, 2014: 8:37am
SACRAMENTO, CA -- Lighting in garages, baths, laundry rooms and much more will be impacted with California's updated energy code, the 2013 Building Energy Efficiency Standards (Title 24), which took effect July 1. ... Read More

Is Silicon the Best Solution for LED?

July 03, 2014: 8:36am
Once again it’s good old silicon — the basis for computer chips, cheap solar panels and even next-gen materials like thermoelectrics — that’s leading to some of the most promising innovations for the future of lighting tech: LEDs.... Read More

Sad Stat: 60% of Kenyans Use 'Fuel-Based' Lighting

July 03, 2014: 5:43am
NAIROBI, Kenya, July 2 – Statistics indicate that over 60 percent of Kenyans do not have access to electricity from the national grid, and majority of homes rely on fuel based lighting that has been proven to be hazardous.... Read More

LED to Comprise Nearly 94% of Street Lighting Sales by 2023

July 02, 2014: 9:32am
The market share of LEDs in street lighting worldwide will grow from 53.3% in 2014 to 93.8% in 2023, as falling prices for LED street lights are spurring a global transition from older lamp technologies to newer, more efficient, and more controllable LEDs.... Read More

Detroit Install's 10,000th LED Streetlight

July 02, 2014: 9:29am
The Public Lighting Authority of Detroit said Tuesday it had hit  two major milestones. It has installed its 10,000th new LED street light and has closed on a $185 million bond issue.  The bonds will allow the installation of the remaining 55,000 planned lights.... Read More

Acuity Brands Stock Drops 15%

July 02, 2014: 7:21am
Acuity Brands, Inc. (AYI) saw a big move last session, as the company’s shares fell by nearly 15% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. The stock had gained about 8% from Jun 12 to Jun 30, but then it dropped sharply by about 15%.... Read More

Lumenpulse Completes Acquisition of Assets of Projection Lighting Limited

July 02, 2014: 5:17am
Lumenpulse Inc. (TSX: LMP), a leading manufacturer of high performance, specification-grade LED lighting solutions, is pleased to announce that it has completed its previously-announced acquisition of substantially all of the assets of Projection Lighting Limited, a UK-based manufacturer of LED solutions for retail, display and architectural applications for a purchase price of $30.4 million (GBP... Read More

TCP IPO Set at $11 per share

July 01, 2014: 9:12am
AURORA, Ohio, June 26, 2014 /PRNewswire/ -- TCP International Holdings Ltd. TCPI +1.66% has announced the pricing of its initial public offering of 7,142,858 common shares at a price to the public of $11.00 per share overnight. All shares are being sold by TCP. In addition, TCP has granted the underwriters a 30-day option to purchase up to an additional 1,071,428 common shares. The shares are exp... Read More

EdisonReport Has a New Look....

July 01, 2014: 7:27am
"Did the nineties call and demand their website design back?"    We have heard variations of the above comment a few times since rolling out our new look last week.   When we launched EdisonReport.eu in 2013, we worked with several consultants for a new look and it was well received by our readers.  We took a similar approach with our flagship site, EdisonReport.net.   A few noteworthy impr... Read More

What the Potential Philips Spinoff Means for Cree

July 01, 2014: 7:11am
NEW YORK (TheStreet) -- Dutch electronics giant Philips NV (PHG_) is spinning off its LED production and automotive lights operations into a standalone company in a move that creates a new challenge to Cree (CREE_) and other companies in this fast-growing lighting-systems business. That is because Philips isn't spinning out its entire LED business, just the production end. It will keep i... Read More

Acuity Brands Reports 11% Increase in Sales; LED Represent 1/3 of Sales

July 01, 2014: 7:08am
ATLANTA, July 1, 2014 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (AYI) ("Company") today announced fiscal 2014 third quarter net sales of $603.9 million, an increase of $62.4 million, or 11.5 percent, compared with the year-ago period. Net income for the third quarter of fiscal 2014 was $43.8 million, an increase of $12.1 million, or 38 percent, compared with the prior-year period. Fiscal 2014 thir... Read More