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Information on the estimated total funding and expected number of awards is not available yet. The applications are due in June 27.
Product release projects are designed to develop a developer. With fully defined price, efficacy, and other performance parameters necessary for success of the proposed product.
The funding opportunity web page lists six specific areas of interest:
LED Based Integrated Luminaire High Efficiency LEDs or Arrays Phosphors or Encapsulants Electronics Development OLED Lighting Panel Low cost substrates and encapsulation for OLEDs The Round 5 Core Technology funding opportunity was announced last week (see DOE offers up to $7.5 million in round 5 of SSL projects ) . 
DOE offers funds for SSL Product Development (Round 5)
The DOE is soliciting applications from industrial organizations for high-priority product development activities that will advance the state-of-the-art of SSL for general lighting applications. The US Department of Energy (DOE) has released the Solid-State Lighting (SSL) Product Development (Round 5) funding opportunity. The Office of Energy Efficiency and Renewable Energy, Building Technologies Program, is soliciting applications from industrial organizations for high-priority product development activities that will advance the state-of-the-art of SSL used For general lighting applications.