yes al lights will "grow" chaeto even that incandescent bulb u buy from ur local hardware store it just does it super slowly so slow it wouldn't be effective or as effiecient (im talking abt the incandescent rn) the light u have on the us a horticulture light with reds, UV, blue (actinic) and will obviously do a much better job then the incandescent
long story short: all lights grow chart but the better the light (intensity and spectrum) the faster it'll grow it meaning the charts will remove nutrients faster (more efficiently and effective')