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SOLID-STATE LIGHTING PROGRAM
The U.S. solid-state lighting (SSL) industry sits on the cusp of major technology advances that will revolutionize the industry and greatly accelerate energy efficiency here and around the world. In 2007, lighting manufacturers employed almost 60,000 people nationwide and shipped products valued at $13.5 billion. Solid-state lighting is an exciting new technology that has tremendous economic upsides for the lighting industry, which has essentially been reduced to selling commodity products in recent years. Large and small manufacturers, as well as technology start-ups, are well aware of the worldwide regulatory trend toward more energy-efficient lighting. In 2009 alone, U.S. companies, many of them start-ups, raised about $300 million in venture capital for advanced lighting products.
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