Is recycled vanadium the key to low cost batteries for buildings, solar farms and the power grid?
IKEA says it will only sell LED lighting by 2016, and will give up all other less efficient forms of lighting. The news follows IKEA phasing out incandescent lighting, getting rid of plastic bags, and putting solar panels on its rooftops.
After raising $230 million in venture capital and developing LED lighting components for a decade, Bridgelux in Livermore, Calif., is making a technology transition to drive down costs. The company is now counting on its partnership with Toshiba to make this transition a success.
Light is the fastest known phenomenon in the universe, capable of traveling at 186,282 miles per second. The lighting business, by contrast, is one of the slowest industries in the world.
Chinese investors and the Chinese government are starting to aggressively fund U.S.-based cleantech startups. There’s been a half dozen of these deals in recent weeks and months, so I thought I’d put together this list to point out the 10 big ones I’ve been watching:
Cleantech venture investments dropped by a third in the second quarter of this year compared to the same quarter last year, according to the Cleantech Group. However, energy efficiency technologies such as LED lighting and energy management software are still getting some love from private investors.
LED lighting has been moving gradually from niche markets. Now it’s set to gain a brighter profile among investors as well with the planned Nasdaq debut of Lighting Science Group, which plans to sell shares to raise up to $150 million.
LED chip and array maker Bridgelux raised close to $50 million just a year ago, but is raising even more money, according to a filing. The nine-year-old venture-backed startup has raised another $20.74 million of a planned $21 million round.
Google’s launch into the living room could threaten Boxee, Roku and other broadband-connected set-top makers. But Boxee CEO Avner Ronen said that the launch of Google TV could also present an opportunity for the startup, giving it an easier way to connect to consumers.
It’s fitting to have the world’s largest lighting convention in the city that’s so covered in lights you can see it from space. This week Lightfair kicks off and companies from the world largest to the small innovative startups, are unveiling their world-domination lighting plans.