04 Aug '11, 10pm

Philips' Ultra-Efficient Sub for the 60W Incandescent Wins $10M

Some current members of Congress may be trying to rescue the energy-sucking incandescent light bulb , but four years ago, a different Congressional delegation decided to create a contest that would inspire the development of its ultra-efficient replacement. The Bright Tomorrow Lighting Prize , also known as the L Prize, received its first victor this week: Philips Lighting has taken the top award, netting a $10 million cash prize and bragging rights for being the contest's first and only competitor to meet its high expectations. The winning product may hit store shelves next year. It uses less than 10 watts to generate as much light as the standard 60-watt incandescent light bulb it was designed to replace, which translates to energy savings of about 83 percent. It also lasts about 25,000 hours, compared to 2,000 for its standard counterpart. The bulb went through extensiv...

Full article: http://www.greenbiz.com/news/2011/08/04/philips-ultra-eff...

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