Tag Archives: LED Lighting

PowerSecure (POWR) Lands $15 Million In LED Lighting Contracts

PowerSecure (POWR) has announced this morning $15 million in new LED lighting orders from three major retailers which include reach in case lights, walk in freezer/cooler lights as well as shelf and canopy led lighting.  The retailers expect to improve lighting quality while seeing a 70% reduction in energy usage.  The PowerSecure brand of LED lighting is specifically engineered with retailers in mind to improve the customer experience.

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SemiLEDS (LEDS) Misses Estimates: “LED Industry Remains Challenging”

I’ve been fairly vocal about the bottoming out of solar stocks.. not as much for the LED sector.  I think it’s getting close to confirming a bottom.  The technical action in SemiLEDS (LEDS), a China LED play, has improved significantly in recent months following the news that China is banning incandescent bulbs.

However, this is a company that continues to remain in the red and that didn’t change with yesterday’s earnings report in which … Read the rest

Cree Inc (CREE) Reports Inline, But Guidance Fairly Weak

Cree Inc (CREE), the LED lighting leader, posted its earnings results after the bell today and it was a so so report.  The company reported results right about inline with what analysts expected with a non GAAP EPS of .25/share which is a 58% decrease over the year ago quarter on revenues of $269 million, also inline.  However guidance is mixed and the company sees EPS this quarter of .25 – .28/share vs the consensus … Read the rest

Cree Inc (CREE) Drops AH After $500 Million Purchase Of Ruud Lighting, But Creates Indoor/Outdoor LED Powerhouse

Cree Inc (CRFE) has taken a bold step after hours in order to further expand its role as LED leader with a purchase of Wisconsin based Ruud Lighting which specializes in outdoor LED lighting.  In my opinion great move from Cree since LED lighting may be adopted on a wider scale first in the outdoor setting.   The acquisition creates a powerhouse in the indoor and outdoor LED arenas.

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Philips (PHG) Unveiled First LED Bulb To Replace Standard 75W Bulb

Big news in the LED lighting world.  Royal Philips Electronics (PHG) is set to showcase the world’s first LED bulb designed to replace the traditional 75W bulb.  The EnduraLED A21 17W LED bulb is expected to use 80% less energy and last 25 times longer.  The company estimates that if everyone quit buying the 75W incandescent bulb and replaced it with the LED bulb, it would be the equivalent of removing 1 million cars … Read the rest

Cree Inc (CREE) Missed Again, Guided Lower, Still No Sign Of Bottom

I was out on vacation all last week so apologies for the lack of posting here.  I’ll be getting back to full speed very soon.  I’ll probably be posting about the most important news events of last week today to get caught up.  One important event of last week was the earnings report out of LED leader Cree Inc (CREE).  The company disappointed analysts again missing the EPS estimate and guiding lower as well.  The … Read the rest

Orion Energy Systems (OESX) Launched Hybrid LED/HIF Lighting This Week

Earlier in the week Orion Energy Systems (OESX) launched new hybrid LED/high intensity fluorescent lighting at the ProMat 2011 show in Chicago.  The new technology combines the best of LED with the best of HIF providing high levels of illumination at the lowest possible cost in areas where the lights are high above the floor.  Adding to the great efficiency is the InteLite Dynamic Control device which automatically adjusts light output based on the duration … Read the rest

Nexxus Lighting (NEXS) Soars On News Lowe’s Will Carry LED Bulbls

Shares of Nexxus Lighting (NEXS) are popping nearly 25% this morning on news that Lowe’s will carry their premium LED bulbs beginning in June in 1100 stores across the US.  Seventeen LED bulbs will be offered including Par 38, R30, R16, GU10 and MR-16 all of which have qualified for the ENERGY STAR rating.

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"We are very pleased to bring consumers premium LED lighting products to … Read the rest

Philips (PHG): “LED Will Represent 1/2 Of Global Lighting Market Within 5 YRS”

Philips (PHG), which is a big global player in the led lighting segment, believes the LED light source market will expand to over $15 billion and the led lighting device market to over $40 billion by 2015, representing half of the global lighting market.  They see LED lighting accounting for 75% of the global lighting market by 2020.

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The company indicated it will allocate 75% of … Read the rest

Denny’s (DENN) Chooses Cree Inc (CREE) For Its LED Lighting Solution

Denny’s (DENN) is joining the LED lighting revolution and announced it will use Cree Inc’s (CREE) LR6 LED downlights in dining areas and restrooms for all new and remodeled locations.  The company evaluated many solutions and determined Cree offered the the most value.  One franchisee found they used 6000kW/hrs less per month after switching to LED and was able to save over $15K/month across five locations.  No word on what the up front cost was, … Read the rest