This New Year’s Eve Times Square in New York is set to debut a dazzling new LED-encrusted New Year’s ball! Composed of 32,256 Philips Luxeon Rebel LEDs, the 12-foot wide energy-efficient orb weighs in at 11,875 pounds, making it twice the size of any ball previously dropped overhead in Time Square. A marriage of tradition and new technology, the stunning new sphere will be ringing in the 100th anniversary of the New Year’s Eve ball.

Size certainly matters when designing an orb descending from the heavens high above the heads of those gathered in the cold of Times Square, but that’s not to say we still can’t cut back on the energy consumption. The new ball is 20 percent more efficient than last year’s, consuming roughly the same amount of energy needed to power two consumer ovens through a holiday feast.

All of the LEDs will combine to create more than 10 million different colors and billions of different patterns, making it a spectacular sight for onlookers in the streets and on TV. If you’re not within sight of Times Square or won’t have your eyes glued to the television on New Year’s, no worries – the new ball is slated to become a year-round addition to the lights of Times Square, with various different programs built-in to commemorate additional holidays and special events.

We’re hoping the dropping of the New Year’s Ball will bring forth another great year full of sustainable innovations. Stay tuned to Inhabitat to find out just what 2009 has in store.

+ Philips Luxeon

Via Cleantechnica