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Philips Wins Energy Department’s Lighting Prize
August 5, 2011
Philips Wins Energy Department’s Lighting Prize
Philips, the Netherlands-based consumer electronics giant, is now $10 million richer, having just won the L Prize, awarded by the federal Department of Energy in a contest to invent the next generation of solid-state lighting.
Philips’s prize-winning bulb uses just 9.7 watts to match the light output of a 60-watt incandescent. It lasts 25,000 hours, compared with 1,000 to 2,000 for an incandescent.
Read more on The New York Times.
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