onsemi secures $1.95bn from solar inverter makers

onsemi secures $1.95bn from solar inverter makers

Business news |
By Nick Flaherty

onsemi has secured $1.95B in long-term supply agreements (LTSAs) for its intelligent power technologies with leading global manufacturers of solar inverter systems.

Deals with eight of the top 10 solar inverter suppliers combine onsemi’s power die technology, including silicon carbide (SiC) and IGBTs, with optimized and customized module design and packaging. This speeds up designs and product development and boosts supply resilience and robust quality assurance.

“Solar power has emerged as one of the fastest growing markets and offers the most cost-competitive source for large-scale renewable energy installations,” said Asif Jakwani senior vice president and general manager, Advanced Power Division, Power Solutions Group, onsemi.

“With onsemi’s intelligent power technologies, customers can achieve greater efficiency and power density to capture and save as much energy from the sun as possible to advance our common mission towards a more sustainable future.”


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