There’s a considerable shift
in the lighting industry, popularized by consumer demand for low-cost,
environmentally friendly energy solutions. While the folks manufacturing
incandescent bulbs are feeling a pinch, competitive players in the LED industry
are recognizing their potential.
In 2007, legislation raised
lighting efficiency standards to ultimately conserve energy. The result was
that starting this year, incandescent bulbs will no longer be manufactured. For
companies like ForceField Energy, the shift is money in the making, says
Seeking Alpha contributing writer John Mylant.
ForceField Energy is
focusing its resources on industrial waste heat recovery and conversion and,
you guessed it, commercial LED lighting products. Through its exclusive
multinational distribution agreement with China-based Lightsky, ForceField
Energy has secured a firm foothold in the evolving commercial lighting products
industry.
To read the full article
visit: http://seekingalpha.com/article/1930461
Mylant’s article discusses
the numerous benefits of LED bulbs vs. incandescent and fluorescent light bulbs
(CFLs), as well as a key challenge LED bulbs have in the marketplace.
“[Incandescent bulbs] just
cannot keep up with the fluorescent or the new LED light bulbs when it comes to
saving energy. While compact fluorescent light bulbs (CFLs) have grown in
popularity, the LED-based bulbs are at the forefront of the future of bulb
technology. One of the challenges LED is facing, however, is the huge
difference in the price of CFL and LED bulbs.”
LED bulbs may carry a bigger
price tag, but their longevity is 15 times that of fluorescent bulbs and their
efficiency is a whopping 80 percent higher. This places ForceField Energy in
prime position to capitalize on those advantages.
“ForceField Energy is one of
those companies ready for the transition to take place with exclusive
distribution rights of the high quality LED lighting units manufactured by
Lightsky out of Shanghai, China,” writes Mylant.
As noted in the article,
ForceField Energy has developed an aggressive marketing strategy and
complementary network of sub-distributors through which the company can target
large-scale customers in North America, Latin America, the Caribbean, and
Europe.
“Presently, ForceField
management believes that many of the current trial and LOIs will convert into
large long-term contracts for the installation of LED systems that should
translate into multi-millions of dollars of revenues over a multi-year period
if the current LED and smart meter projects with signed initial agreements
follow through … This is a growth investment opportunity for a company just
positioned for long-term growth in the LED lighting field just starting to
grow,” concludes Mylant.
For more information, visit
www.forcefieldenergy.com
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