US DOE grants 10 million US dollars to support LED and OLED technology development

The US Department of Energy (DOE) recently announced a $10 million grant to support research, development and manufacturing of LED lighting and OLED lighting.

These funds will be provided to companies, academic institutions and national laboratories, attempting to promote applied research, improving technology and efficacy, performance and cost reduction, as well as efforts to improve commercially viable solid materials and improve product quality and consistency through innovation. Organization. The US Department of Energy says its goal is to increase the LED performance score by 75% from the current average of about 150 lumens per watt to 250 lumens per watt.

The DOE expects solid-state technology to save $1.8 billion in energy costs in 2013 and could save the US $26 billion in energy costs by 2030.

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