The invention discloses a new energy LED lamp with a good heat dissipation effect, which comprises a stand column, the top and the bottom of the stand column are fixedly connected with a fixing blockand a storage battery correspondingly, the interior of the fixed block is movably connected with a solar cell panel through a bolt; the surface of the stand column is movably connected with a movablesleeve, the surface of the movable sleeve is fixedly connected with a connecting rod, the end, away from the movable sleeve, of the connecting rod is fixedly connected with a rotating ring, and the left side of the rotating ring is fixedly connected with a connecting block of which the top and bottom are fixedly connected with a water collecting tank and a lamp holder. The storage battery, the solar cell panel, a water collection tank, a LED lamp panel, a temperature sensor, a heat conduction column, a circulating pipe, a water pump and a control panel are used in cooperation; the heat dissipation effect of the new energy LED lamp is good, the service life of the new energy LED lamp cannot be shortened due to high temperature when the new energy LED lamp works in an environment with high temperature in summer, and the new energy LED lamp is good in energy-saving and environment-friendly performance, can meet the requirements of people and is beneficial to use of people.