Green Tech: Orion Energy Launches LED Series
June 28, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Orion Energy Systems, Inc. (AMEX: OESX) has launched its LED lighting platform designed to reduce energy consumption and costs in freezer applications.
After two years of research and development with collaboration from LED component providers, Orion said its LED platform addresses the thermal and optical considerations that have challenged the widespread adoption of LED light sources. Orion's I-Frame configuration, reflector design, and adjustable optical lens have proven to provide superior performance in field tests at two national account facilities.
In freezer facilities in Syracuse, N.Y., and Rochelle, Ill., Orion's modular LED technology significantly outperformed a "best-of-breed" industry peer and the facilities' existing high-intensity discharge lighting. Orion's LED lighting delivered more light while using less energy than the competitor's LED and the HID lighting, ultimately operating at a higher rate of efficiency. The result for end-users is better lighting and significant light-related energy savings.
In a freezer application, the life of an LED fixture is estimated to exceed 80,000 hours.
Orion CEO Neal Verfuerth admitted that dollars invested per foot candle delivered by LED technology is still a long way from meeting customer payback hurdles. However, Verfuerth said, "When used in conjunction with our recently launched intelligent occupancy sensors, which complement the LED performance characteristics, the payback period can be shortened."
Orion Energy Systems is a leading power technology enterprise that designs, manufactures and implements energy management systems, consisting primarily of high-performance, energy-efficient lighting platforms, intelligent wireless control systems and direct renewable solar technology for commercial and industrial customers without compromising their operations.
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