LED components have been successfully introduced in light source products, according to the new report “2015 Global Lighting Market Outlook” by LEDinside, a division of the Taiwan-based market intelligence firm TrendForce. As the commercial lighting market expands, lighting tubes have become the most in-demand product with light bulbs second. Additionally, in the luminaire market, demand for ceiling lights high, but mostly in the home.
The Philippine Department of Energy (DOE) said recently it would accelerate the development of renewable energy projects, emphasizing the importance of producing energy locally to ensure energy security. Thus far, the Philippine DOE has made minimal progress in its renewable energy endeavors. It has cancelled more than 100 renewable energy project contracts that it has signed with other parties.