A CleanTech company, providing the most energy efficient high power, long standing LED light sources. The company develops, produces and markets smart LED street illumination, as an infrastructure for establishing communications networks for “smart cities.”
The costs of illumination constitute 10%-35% of the total energy expenses throughout the world, which leads to an increasing demand for efficiency in the energy field for street illumination. This has resulted in a rise in energy saving technologies such as LED illumination, to replace technologies that use fluorescent and halogen lamps.
The urbanization process encourages the paving of new roads and streets, which require additional street illumination and increased energy. The street and road illumination market is expected to grow to about $10 billion in 2022.
The technology developed by the company enables distributing the heat generated from the LED illumination in a manner that enables increasing the illumination power while saving electricity costs.