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Nick Gogerty » Comments » CREE

  • Major Corporate Shift to Solar Energy and LEDs [View article]
    New installed PV in 07 globally was 3GW. The US has 1 TW of installed power. PV is and will be miniscule in terms of power for the next 5 years even at 50% YoY growth. Wind did represent 40% of newly installed power last year, which is more interesting.

    General lighting for LEDs represents less than 10% of the LED market. Most of the growth expected in LED market is in backlighting for phones and specialty automotive applications. LEDs are getting better in terms of $/Watt/Lumen but still need another 500 days. LED for general or even specialty lighting really ins't going to grow that market from a revenue perspective more than 15% YoY for the next 3 years.
    Apr 28 09:03 am |Rating: 0 0 |Link to Comment
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