Philips has a long track record in energy efficient lighting. For years the company has been spending a large part of its R&D budget on energy efficiency and this year it is more than half of the total spend. Since the early 1980's dramatic improvements have been achieved in energy efficiency, switching speed and light quality.
Mr. Venkatramani averred, "Energy efficient lighting technology developed over the last two decades offers significant savings in energy, expense and carbon dioxide emission. Despite these advances, between 67% and 75% of the world's lights utilize older, less energy efficient technology - some dating as far back as the 1950s."
The new generation CFL bulbs last an average of six years and each one provides a saving of 80% in energy consumed. That's a saving of EUR 12 and 34 kilos of CO2 per lamp per year. Some other solutions provided by Philips are Compact fluorescents, Compact halogen bulbs, LED technology and Capitalizing on LED design possibilities. Philips has offerings in office lighting, intelligent LED lighting, energy-saving TVs to lamps with decorator appeal which have the ability to halve energy consumption.
Sourced From: Text 100 Public Relations Consultancy
