Dialight scores European contract
Dialight, a producer of LED lighting technology, has secured a European order for 1,149 of its high lumen output DuroSite LED High Bay lighting fixtures for a large distribution centre in Germany.
Dialight, a producer of LED lighting technology, has secured a European order for 1,149 of its high lumen output DuroSite LED High Bay lighting fixtures for a large distribution centre in Germany.
The customer, which is being described as a "leading online retailer with more than 25 sites in Europe", selected the Dialight units for their reduction of heat and consequent savings in energy costs.
The project has a payback of less than one year, producing annual energy savings over €0.3m, as well as additional maintenance cost savings.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
NR
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
‘Inheritance tax insurance’ enquiries are soaring – but is it worth it?
Premiums for whole of life insurance can run to £5,000 a month to cover a £300,000 inheritance tax bill, with policies costing more the older you take them out.
-
MPs warn over Lifetime ISAs which could leave savers out of pocket
The Treasury Committee has highlighted confusion around the Lifetime ISA withdrawal charge, which risks consumers losing “a significant part of their savings”