Sapphire Industry Watch – March 6

  • Humble light bulb helps Japan fill nuclear gap – Chicago Tribune: When the Fukushima nuclear meltdown of 2011 resulted in the closure of many of Japan’s reactors, a national campaign was started to reduce energy consumption. Since the start of 2012, 73 million LED light bulbs have been sold in Japan, comprising about 30 percent of all bulbs sold there.  As LED adoption continues to increase, the country is also pursuing alternative energy sources such as solar power to help relieve the pressure caused by the shuttering of its nuclear energy program.
  • Revamped Dubai park to bask in the sunshine – Khaleej Times:  Al Khazan Park – which officially opened to the public on March 2 – has been revamped into Dubai’s first sustainable park. An off-grid solar power system and LED lights will reduce the amount of CO2 emissions annually by 44.5 tons, which is the equivalent to saving 1,100 trees.
  • Europe to have 2.9 bn general lighting LED lamp installations by 2019 – Greentech Lead: According to an ElectroniCast Consultants report, the number of LED lights installed for general lighting in Europe will grow at an average annual rate of 58.7 percent, rising from 288 million in 2014 to 2.9 billion in 2019. The European market is predicted to grow at a slightly faster rate than the U.S. market during the same time frame. Europe is expected to maintain its leadership in relative market share throughout the forecasted period.
  • SF Ferry Building Gets Makeover for World’s Fair Centennial Anniversary – ABC 7: To celebrate the centennial anniversary of the San Francisco World’s Fair, the iconic Ferry Building has been lit up the same way it was when the fair opened in 1915. Only this time the building will be lit up with nearly 1,100 energy efficient LED lights. The lights will stay up through December with two large beacons commemorating the year 1915.

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