onsemi Secures $1.95B in Supply Agreements with Leading Solar Inverter Manufacturers
2023年7月26日 - 10:00PM
ビジネスワイヤ(英語)
onsemi’s intelligent power solutions improve
efficiency and system cost for solar inverters
onsemi (Nasdaq: ON), a leader in intelligent power and
sensing technologies, today announced it has secured $1.95B in
long-term supply agreements (LTSAs) for its intelligent power
technologies with leading global manufacturers of solar inverters,
contributing to onsemi’s position as the number one power
semiconductor supplier in this rapidly growing market.
By offering superior die technology with optimized and
customized module design and packaging, onsemi enables solar
inverter providers to compete on time-to-market, product
development, supply resilience and robust quality assurance. With
these benefits, the company has signed LTSAs with eight of the top
10 solar inverter suppliers, emphasizing the reputation onsemi has
earned as a trusted industry partner.
“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.”
Solar inverters convert Direct Current (DC) electricity
generated by solar panels to grid-compatible Alternating Current
(AC). In the conversion process, some energy is lost as heat.
onsemi’s technology enables solar inverters – ranging from utility
to residential – applications to be smaller, lighter, and more
efficient, which minimizes energy loss and can reduce the overall
system cost.
About onsemi
onsemi (Nasdaq: ON) is driving disruptive innovations to
help build a better future. With a focus on automotive and
industrial end-markets, the company is accelerating change in
megatrends such as vehicle electrification and safety, sustainable
energy grids, industrial automation, and 5G and cloud
infrastructure. onsemi offers a highly differentiated and
innovative product portfolio, delivering intelligent power and
sensing technologies that solve the world’s most complex challenges
and leads the way to creating a safer, cleaner, and smarter world.
onsemi is recognized as a Fortune 500® company and included
in the Nasdaq-100 Index® and S&P 500® index. Learn more about
onsemi at www.onsemi.com.
onsemi and the onsemi logo are trademarks of Semiconductor
Components Industries, LLC. All other brand and product names
appearing in this document are registered trademarks or trademarks
of their respective holders.
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version on businesswire.com: https://www.businesswire.com/news/home/20230726264695/en/
Krystal Heaton Director, Head of Public Relations onsemi
(480) 242-6943 Krystal.Heaton@onsemi.com
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