$4.5 Million Grant
Momentive Performance Materials Inc. of Albany, N.Y., has received $4.5 million in funding from the US Department of Energy to continue to develop technology for low-cost production of LEDs used in solid-state lighting and for increased LED performance. The grant will help the company develop the commercial-scale technology, processes and equipment needed for mass-production of energy-efficient LEDs, which could reduce the national energy consumption for lighting by 29 percent.
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