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Canada Business News and Press Releases
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(I-Canada-News.Com, June 20, 2013 ) Manitoba, Canada -- LED lighting helps to conserve energy, expand brightness over a bigger area and lasts longer than traditional light bulbs. GE has spent a lot of time and money on researching LED lighting and technology, helping to improve the business overall.
GE Lighting, which is just part of GE’s company raked in almost 1 percent of the revenue the entire company earned in 2012. Traditional light bulbs are ran from filaments, while LED lights use diodes. Diodes conduct light with two electrodes to emit light in one direction. For this reason, LED uses less energy and his highly efficient in offering brightness.
GE is working with several other companies and governments agencies across the United States to bring LED technology to parking lots and garages and streets to help improve lighting during the night to increase safety and security. In what GE called the Marriott Project, the
company illuminated over two million square feet of parking spaces by using LED street lights and high performance security cameras that saved the city of Las Vegas $1 million in energy and maintenance after just two years.
GE has seen significant growth in its LED segment in the last few years, by 59 percent in the last few years. The company has also been proactive in supporting organic growth. In December of 2012 it bought out Albeo Technologies, which brought industrial LED light fixtures into its business.
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Source: EmailWire.Com
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