LED Tech set to take off
About a dozen startups are working on LEDs and lighting control systems in Silicon Valley. They are looking at energy efficient ways to address the global lighting market which is worth about $100 billion per annum. The solutions range across reducing costs of the LED bulbs to complete precision controlled lighting systems for offices and building complexes. The potential in this market has generated a lot of VC interest and the investments are expected to grow in this space. Read more here. via mercury news
image source mercury news
nice pointer to emerging scene. As we move towards avoiding risky nuclear energy options, and look to solar and wind to supplant our energy resources, the way forward is efficient use of energy, thru LED and such means. Very soon, when per kilowatthour cost of energy shall sky-rocket to unbelievable prices, the cost of an LED bulb will not look significant.