we are the first and only company capable of submitting a product

1w of its green lighting products needs only 350 mA of drive current to achieve 150-160 Luminous Flux, which has increased the world record by 70% and also reduced the cost in producing the same quantity of products.It’s said that this development is another world-famous breakthrough of Lebelight since its white lighting LEDs reached 98 lm on led linear high bay light November 2010. It indicates that green lighting LEDs have gone from none to the leading position among blue, green and red lighting LEDs in terms of technology.

CEO of Philips Lighting North America,believed that the L Prize challenge as an opportunity to innovate and develop an energy efficient alternative to a product that has remained largely unchanged for over a century.  He said that “The fact that we are the first and only company capable of  submitting a product and completing 18 months of rigorous testing not only underscores our commitment to innovation and quality, it highlights our ability to bring meaningful leading technologies into the mainstream.”

As the winner, Philips will receive a $10 million cash prize as well as L Prize partner promotions and incentives. To date, 31 utilities led high bay light and energy efficiency program partners stand ready to promote and develop markets for the winning product. The L Prize-winning 60-watt equivalent LED bulb from Phillips could arrive in stores as soon as early 2012.