PowerSecure Announces New LED Light Sales Totaling $15 Million to Three Major Retailers
PowerSecure International, Inc. today announced it has received orders for new LED lights totaling $15 million from three major retailers. The new orders are for PowerSecure?s EfficientLights LED lighting technology, and include each of its in-store product lines, including reach-in case lights, walk-in freezer/cooler lights, and shelf and canopy lights.
Oversupply continues in LED market in 2012
The number of LED epitaxial wafer equipment sets increased tremendously in the past few years causing LED capacity in 2011 to show an oversupply. The market predicts the conditions will continue to worsen in 2012.