Red Light
From Halopedia, the Halo wiki
The Red light is a Forge item in Halo 3 for the level "Sandbox".[1]
Summary
The red light can only be added to the level Sandbox and only two at a time can be added. The red light casts a red glow over a significant area, and is meant to show that the base belongs to red team. The red light's counterpart is the Blue Light.
If two red lights and two blue lights are added to the same map variant, they do not cast light, they just glow, this is proably due to graphics capabilities. On Sandbox, there is one Red Light and one Blue Light by default map type.