Cree, Inc just released a new multichip MC-E LED, the XLamp MC-E. This product combines red, white, green and blue LED chips in a single LED light. With their color-changing capabilities and small size, these lights are ideal for architectural and entertainment uses. As a bonus, their footprint is 80% smaller than that of the existing XLamp color LEDs.
CREE is also demonstrating a new cool white LED lamp at this week’s LIHGTFAIR International … Read the rest
Cree Inc (CREE) reported after the bell today and beat lowered expectations by posting a non GAAP EPS of .13/share (beating estimates by .02) on revenues of $131 million which was basically in line with estimates. While the company beat estimates and guided revenues a touch higher for next quarter, the growth over the year ago quarter was relatively flat. Earnings were down 7% from the year ago quarter while revenues were up 5%. That’s … Read the rest
Echelon’s (ELON) LonWorks technology will be used in California’s first smart streetlight project in San Jose which is part of the City’s Green Vision. The plan calls for a transformation of San Jose into an epicenter of clean technology and innovation in order to promote green energy and limit energy use.
125 streetlights will be converted to use LED and will be controlled with Echelon’s power line networking technology and segment controllers, improving quality, decreasing … Read the rest
Cree, Inc just announced that its LED downlights have qualified for both commercial and residential EnergyStar Certification. The commercial EnergyStar qualifications are much tougher than the residential qualifications, as products are required to last 40 times longer.
"Being rated for both commercial and residential applications is especially significant since more than three-quarters of the LED lighting we are deploying today is in commercial installations," said Neal Hunter, president, Cree LED Lighting. "Cree also provides the … Read the rest
Despite the faltering economy, Cree Inc’s CEO Chuck Swoboda told Reuters that he expects demand for LED lighting to grow in the next year. Although he described the company’s third quarter as a "quiet period," he remained optimistic about the future, saying
"When you look at energy efficiency there aren’t many things that can have as big an opportunity in the near term as switching to more efficient lighting," Swoboda said.
He also advised that … Read the rest
PowerSecure Intl (POWR) is announcing $10 million in new orders from utilities and businesses for its smart grid and efficient LED lighting systems. Orders include:
– Interactive Distributed Generation (IDG) Systems: smart grid enabled distributed generation systems supported by PowerSecure’s monitoring team who forecast peak electricity demand and deliver more efficient power when needed and ensure customers are protected against power loss
– NexGear Systems: switchgear systems and electronic controls to connect the grid to … Read the rest
Energy Focus, Inc just announced that it was selected to provide lighting for the Burg Dubai. When completed, the Burg Dubai will be the tallest building in the world. The company’s Crescent Lighting line of products were used to illuminate the fountain in front of the skyscraper due to their long life, resistance to corrosion and ease of maintenance.
In a company press release, Joe Kaveski, CEO of Energy Focus, Inc. commented on the … Read the rest
In conjunction with Powerex, Inc and the United States Air Force Research Laboratory, Cree has introduced a demonstration model of a new silicon-carbide power switch featuring Cree’s silicon carbide semiconductors. The switch is capable of operating at temperatures of up to 200 degrees Celsius.
MSNBC has more on the advantages and potential applications of the new power switch:
… Read the restWhen compared to a silicon IGBT module of equal rating, and operating at a junction temperature of
Rubicon Technology (RBCN), which makes components for LED lighting is off about 4% in after hours trading after missing analyst estimates with a wider loss than expected last quarter. The company reported a loss of .09/share vs estimates of .06/share. Revenues came in at 4 million vs the expectation of 4.82 million. After growing rapidly over the past few years and producing its first profitable year last year, this is a company going backwards in … Read the rest
Energy Focus (EFOI), a leading energy efficient lighting specialist is up more than 20% today (keep in mind it’s a penny stock) after it announced it’s been recognized as an official GSA Schedule contractor to the US Government which opens up it’s product line for the potential use in projects determined by the $787 economic stimulus package.
“Becoming a recognized GSA Schedule contractor will expedite the procurement of Energy Focus’ energy efficient and green products … Read the rest