Taiwan's LED streetlight project estimated to cut down 50% of electrical consumption

Taiwan's Ministry of Economic Affairs (MOEA) is scheduling to use LEDs to take the place of 800,000 working mercury streetlights. It will be worth of NT$22 billion (US$687 million), and be completed in 2011.

When the project is completed, it estimated to cut down around 50% of electrical consumption from current level by mercury streetlights, according to senior MOEA officials.

It's said that the LED streetlight project would become Taiwan's second prominent LED replacement plan, next to a project phase the 700,000 incandescent traffic lights out of the island before October 2011 with LED lights at a cost of NT$750 million (US$23 million).

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