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US Department of Energy to invest in OLED lighting

18 Jan 2012


The US Department of Energy (DOE) has announced plans to increase funding into OLED lighting, to improve efficiency and drive down costs.

The DOE aims to reduce OLED panel cost, while increasing productionAs part of its goal to lower energy waste and reduce carbon emissions, the DOE plans to reduce costs of OLED lighting panels from $180/klm (€140) to just $25/klm by 2015, and to $9/klm by 2020. This represents a 95% reduction in costs overall. It has also set panel production targets, with yields reaching 75% in 2012, 90% in 2015 and 95% in 2020, reports DigiTimes.

The project aims to increase annual production to 2.1 million square metres by 2020, with the overall aim of improving the commercialisation of OLED products.

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