Vu1 to Sell Mercury-Free Light Bulbs in Lowe’s Stores, CEO Says
News from BusinessWeek:
October 31, 2011, 9:22 AM EDT

By Alex Morales

Oct. 31 (Bloomberg) — Vu1 Corp., a U.S. developer of mercury-free lights, will sell its energy-efficient bulbs at Lowe’s Cos. stores in its first deal with a major retailer, Chief Executive Officer Scott Blackstone said.

Lowe’s, with more than 1,700 stores across the U.S., Canada and Mexico, will initially sell the bulbs online and then in its shops next year, Blackstone said by phone from New York. While sales of the lights, which are about 70 percent more efficient than incandescent bulbs, are currently limited to “sampling,” there’s potential to generate “serious volumes,” he said.

Vu1, based in New York, is seeking to win a share of the lighting market as the U.S. introduces new efficiency standards next year that will cut the use of most traditional incandescent bulbs. The new rules may add $ 4 billion to U.S. lig…………… continues on BusinessWeek
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Related News:

Fluorescent Lighting Prices Continue to Rise
News from CleanTechnica:

Manufacturers warn a decline in the supply of rare earth metals will continue to drive the cost of fluorescent lighting even higher. Over the summer, every major lamp manufacturer announced significant price increases due to the shortage of rare earth metals. Then, prices were forecasted to increase between 5% – 75% depending on several factors, including lamp color, lamp tube diameter, wattage and color mix.

Now, a second round of price increases will go into effect this November and manufacturers say prices may increase by as much as 1,000%.

The problem is a simple case of supply and demand. China, which currently produces 97% of the rare earth metal supply, has recently limited production and increased taxes on the mining of these elements. The current demand for rare earth elements is roughly 134,000 tons a year and global production is 124,000…………… continues on CleanTechnica
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