Like a driver passing a car wreck, I'm interested in this thread... Color, lights and growth are something I cannot stop reading about...
Short facts, as I know them, which is to say as I recall from my readings, we do not know enough to make any solid statements yet, photosynthesis in some few studied zoox have shown that 650nm and 420nm wavelengths are effective above others. Also, a photon traveling at 420nm has less effect on the ETC than those at 650nm, or more simply red works better on a per photon/volume basis than blue.
One correction, the sun has a pretty broad spectrum and I believe it is a bit more than the afore stated 5k to 6.5k spectrum... Like a lot more... Corals have the entire set in the ocean, in our tanks they get a distant second from our lights...