2013-06-19

DOE Offers Subsidy of US $10.1 million to LED Lighting for Two Years

According to the latest report from United States Department of Energy (DOE), in the past two years, the installation of LED lamp in United States increased 10-fold from 4.5 million units in 2010 to 49 million units in 2012, it is estimated that $ 675 million can be saved in energy costs every year. By 2030, LED lighting is expected to account for 75% of the total lighting sales, the saved energy can be provided for 26 million American families. Ernest Moniz, Minister of DOE, said that the efficient lighting industry not only can save money for consumers, but also ...
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ams OSRAM and Traxon Lighting Ltd. officially announced the long-term extension of their strategic brand licensing partnership well into the next decade, reinforcing the continued presence of the OSRAM brand in key Asian markets. Several light... READ MORE

Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and Blizzard Lighting LLC (‘Blizzard’) today announced that they have reached a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED’s p... READ MORE