OLED100.eu is a follow-on project of OLLA (which ended in June 2008). The companies (Philips, OSRAM, Siemens, Novaled and the Franhofer IPMS) agreed to fund another OLED lighting project. The total budget is $30 million ($20 million of which are from the EU), and the project will run for 3 years.
The main objectives of OLED100.eu are:
- 100 lumens per watt power efficiency
- 100,000+ lifetime hours
- Area of 1 meter by 1 meter
- Cost of 100 euro per square meter or lower