General Electric to partially sell overseas lighting operations
General Electric has reached an agreement to sell its overseas lighting operations in Europe, the Middle East, Africa and Turkey, the conglomerate said on Thursday. The US group reached an agreement with former executive Joerg Bauer for an undisclosed amount, a spokesperson told AFP by email. Bauer was most recently head of GE in Hungary …
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Lighting Fixture Market to Witness a Pronounce Growth During 2017-2027
Global lighting fixture market is expected to generate substantial revenue, owing to the exponential urban growth and driving demand for energy efficient lightings. Lighting fixture market can greatly contribute by providing energy efficient solutions. Application of light emitting diode (LED) in lighting fixture can decrease energy consumption to significantly low level that energy produced can …
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GE’s latest smart lighting includes Alexa and HomeKit options
Creating a smart home can be a complicated affair, with a ton of options available to add voice-control and automation to your lights, window coverings, thermostats and more. GE wants to simplify your options (with its own branded products, of course), and its bringing some new smart ceiling fixtures, wall switches, and lamps to market …
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LEDs reduce half a billion tons of CO2 emissions in 2017
The use of LEDs to illuminate buildings and outdoor spaces reduced the total carbon dioxide (CO2) emissions of lighting by an estimated 570 million tons in 2017, which is roughly equivalent to shutting down 162 coal-fired power plants, according to IHS Markit. LED lighting uses an average of 40% less power than fluorescents, and 80% …
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What can the lighting industry expect in 2018?
It’s no secret – the lighting industry has gone through radical change in recent years. Rapid advances in technology have shifted the industry as a whole and have made previously exclusive technologies, such as LED lighting, an affordable option for most commercial and industrial buildings. So as we head into the next year, what else …
Philips Lighting named industry leader in the 2017 Dow Jones Sustainability Index
ISLAMABAD: Philips Lighting (Euronext Amsterdam: LIGHT), on Saturday announced that it achieved the status of Industry leader in the Electrical Components and Equipment category of the 2017 Dow Jones Sustainability Index (DJSI). The company’s overall score was 85 out of 100 points, demonstrating that sustainability is central to Philips Lighting’s company strategy and purpose. This …
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GE Lighting, IEC announce strategic partnership
The Imperial Electric Company (IEC), a premiere engineering company, and GE Lighting, Tuesday announced a strategic partnership aimed at creating a channel platform to identify and deliver the most cost effective and efficient GE Lighting capabilities across a wide range of sectors, including, home, retail, office and hospitality. The strategic partnership with IEC underscores GE …