More than 35,000 London streetlights are to go LED in a massive ‘invest to save’ project, Transport for London announced today.

TfL is to spend £10.9 million installing a central management system and upgrading 35,000 lights to LED by 2016, with a view to saving £1.85 million a year in energy costs.

Further upgrades will be made over the next ten years, with most of London’s streetlights to be LED by 2023, as part of a £4 billion investment in the capital’s roads.

Mayor of London Boris Johnson said the project would bring lighting on London’s roads ‘up to 21st century standards’.

Harvard Engineering and CU Phosco – both winners at this year’s Lux Awards – will benefit from the work, with Harvard winning a multimillion pound contract for the control system and CU Phosco being picked as a preferred supplier for post-top luminaires.

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