2016-03-07

Indian City Kolhapur Struggles to Find Economic Model to Finance LED Streetlight Project

More than a year has passed since Kolhapur, a city in the western Indian state of Maharashtra, had launched tenders and appointed a firm to install the new LED lights, but the city council has not found a sustainable economic model to finalize the feasibility of the INR 280 million (US $4.12 million), reported The Times of India.
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Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and Blizzard Lighting LLC (‘Blizzard’) today announced that they have reached a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED’s p... READ MORE

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