Menendez Announces Nearly $9 Million For Energy Efficient Lighting Projects In New Jersey

Menendez Announces Nearly $9 Million For Energy Efficient Lighting Projects In New Jersey

Washington - Today, US Senator Robert announced nearly $9 million in funding for four energy-efficient lighting projects in New Jersey awarded by the US Department of Energy (DOE) as part of the American Recovery and Reinvestment Act. Solid-state lighting uses light-emitting diodes (LEDs) and organic light-emitting diodes (OLEDs) instead of incandescent bulbs and has the potential to be ten times more energy-efficient than traditional incandescent lighting. Approximately 24 percent of the total electricity generated in the United States today is used for lighting. The development and use of cost-effective solid-state lighting has the potential to reduce this number by one-third by 2030.

"This critical funding will help ensure New Jersey remains at the forefront of energy-efficient technology innovation as we lay the foundation for a 21st century clean energy economy. By investing in solid-state lighting and energy efficiency specifically, it will also help our state lower energy consumption, cut energy costs, and create jobs. This is a win-win for our environment and our economy."

Funding for the following three projects in New Jersey were announced today:

Product Development
• $1,794,806 -- Lightscape Materials, Inc. (Princeton, NJ)

U.S. Manufacturing
• $4,000,000 -- Universal Display Corporation (Ewing, NJ)
• $4,000,000 -- Veeco Instruments (Somerset, NJ)

These funds were awarded as part of the sixth round of DOE funding for solid-state lighting core technology research and product development, and the first round of resources for solid-state lighting manufacturing projects funding. For more information about DOE industrial energy efficiency efforts and solid state lightning, visit the Solid-State Lighting Program website.