WASHINGTON–(ENEWSPF)–June 4, 2013. Building on his strong focus on energy efficiency in his first few days in office, U.S. Energy Secretary Ernest Moniz announced today five manufacturing research and development projects to support energy efficient lighting products. The projects will focus on reducing manufacturing costs, while continuing to improve the quality and performance of light-emitting diodes (LEDs) and organic light-emitting diodes (OLEDs). Todayâs LED lighting is six or seven times more efficient than conventional lighting and can last up to 25 times longer. The Energy Departmentâs $10 million investment is matched dollar for dollar by private sector funding.
