Branson’s Virgin Fuels backs Metrolight, to sell efficient lamps
Metrolight, a company that produces technology for so-called HID lamps, used in expansive areas such as streets, factories and warehouses, has raised $9 million from Virgin Fuels and others.
Lighting absorbs about 26 percent of electricity generated in the U.S. Fluorescent lighting has gotten the most attention as a source of energy saving, because it is an alternative to residential lighting. HID, however, makes up 22 percent of all lighting, according to the U.S. Department of… Continue Reading