Greentech Lead America: Cree, a manufacturer of LED lights, has announced the new LEDway Series LED Street Lights that deliver up to 15 percent performance increase to its older LED street light series.
Select versions of the new LEDway Series LED Street Lights provide up to 20 percent additional energy savings and increased lumen output, while other versions provide up to 15 percent higher lumen output and additional energy savings.
These LED lights are the ideal replacement for outdated high pressure sodium (HPS) and metal halide (MH) fixtures.
The LEDway Series LED Street Lights can help municipalities reduce operating cost where budgets are tight – lowering the total cost of ownership while providing the same illumination performance.
Greg Merritt, vice president, lighting at Cree, said, “The increased performance of the new LEDway Series can improve payback up to 25 percent compared to the previous generation and strengthens the argument to replace antiquated lighting technologies. These cost savings can greatly benefit municipalities and free up money for other expenses.”
Engineered to optimize illumination and economic performance, Cree LEDway Street Lights boast ten year warranty and offer more than 20 optical distribution patterns, flexible drive currents and multiple lumen packages.
The versatility of the LEDway luminaire lets municipalities fully optimize the LED fixture to meet application and project goals, the company said.
A recent research from TrendForce finds that LED outdoor lighting market is estimated to grow over 46 percent annually to reach up to 2,478 million USD in 2013, driven mainly by the favorable policies across different regions.
Also read: Cree now offers LED light bulbs under $10 price tag