Street lighting might not be something you think much about, but consider this: the United State has 50 million streetlights, and in many areas they account for up to 40% of a municipal energy costs. With the advent of LED lighting that’s set to change though, and Cree wants to be the company that does the changing. Today Cree announced their newest streetlight product: an LED design that uses 65% less energy than today’s non-LED products while lasting 400% longer, and that costs a quarter of competitive LED streetlights.

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