In a word...no. In fact depending on what kind of corals you want to keep it could be to little. You should be fine with shrooms, zoas, and probably softies though. Congrats on the new light.
Welcome to 3reef. 
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55gal,260 watt PC(2x65 actinic,2x65 10k daylight,8 lunar LED) 45#LR, 45#LS, 3 maxi-jet 900's on a natural wavemaker timer,phosban reactor, 5 gal fuge (built out of standard 10 gallon tank) with chaeto, grape, and feather caulerpa, sealife systems protein skimmer, wet/dry, 4 blue/green chromi, 1 skunk cleaner shrimp, 1 coral beauty,1 true perc, 5 mexican turbo snails, assorted dwarf blue leg hermits, astrea snails, and nerite snails | 
Lighting Issue 
