Business and Finance Business and Finance
Thu, December 15, 2011
[ Thu, Dec 15th 2011 ] - Market Wire
Travel Insurance Can Help

Luminus Facility Goes Green, 100% of Annual Electricity Use Will Be From Renewable Energy Certificates


Published on 2011-12-15 04:27:16 - Market Wire
  Print publication without navigation


December 15, 2011 07:18 ET

Luminus Facility Goes Green, 100% of Annual Electricity Use Will Be From Renewable Energy Certificates

Luminus' Woburn, MA Facility Purchases Wind Power RECs From Constellation Energy

BILLERICA, MA--(Marketwire - Dec 15, 2011) - Luminus Devices, Inc., leader in Big Chip LEDs™, announced today it has entered into a contract with Constellation Energy (NYSE: [ CEG ]) to purchase Renewable Energy Certificates (RECs) to match 100% of its electricity use at the Woburn, MA facility from October 2011 through October 2012.

The RECs supplied by Constellation Energy are Green-e Energy Certified and sourced from wind energy facilities located throughout the United States. Throughout the term of the contract, 100% of the electricity at Woburn will be matched with RECs. Each REC represents the positive environmental attributes of 1 megawatt hour (MWh) of electricity generated by a renewable power plant, and is retired on behalf of customers wishing to promote their environmental commitment. Through the purchase of RECs, Luminus and Constellation Energy are supporting the operation and development of facilities that generate clean, renewable energy.

Jim Gallo, facility manager at the Luminus Woburn operation, commented, "Our LED products are highly energy efficient, and this purchase of Renewable Energy Certificates improves the sustainability of our manufacturing processes. We are pleased to take advantage of this opportunity with our energy supplier." Woburn annual electricity consumption for wafer fabrication is approximately 2,000,000 KWh; with the purchase of RECs Luminus helps avoid 946 Metric Tons of CO2 emissions.

About Luminus Devices
Luminus Devices is a leading developer and manufacturer of LED technologies and solutions for the multi-billion dollar global illumination market. Luminus' high efficacy and high brightness LEDs are used by many of the world's biggest companies for general lighting, projection display, entertainment, ultraviolet curing, medical, portable, transportation and digital signage lighting applications. Luminus has more than 170 patents/patents pending worldwide, and its revolutionary Big Chip LED™ technology enables new markets for solid-state lighting. Headquarters and wafer fab manufacturing facilities are located near Boston, Massachusetts, U.S.A. For more information, visit [ www.luminus.com ]


Contributing Sources