
Black is a good absorber of light wavelengths, absorb enough and you will generate heat eg black poly pipe roof mounted to heat a swimming pool. As to disipation from a "heat generator" I would doubt that, the mechanism of absorption would need to be reversed.
The best way to disipate heat is to increase the surface area and use a reflective colour (normally silver), HobbyKing now sell heat sinks. Good ventilation and a finned heat sink would be a more efficient method.
But hey, if it works
