Infineon Technologies, a global leader in power semiconductors, and SolarEdge Technologies, a global leader in smart energy technology announced the signing of a multi-year Capacity Reservation Agreement (CRA).
Under this agreement, Infineon will serve as a key supplier, providing critical components to enhance the performance of various SolarEdge products.
Their joint efforts will focus on pioneering cutting-edge solar products based on wide-bandgap (WBG) materials. These advanced materials are essential for meeting the growing demand for sustainable and renewable energy sources worldwide. By exploring and harnessing the potential of WBG materials, the companies aim to contribute significantly to the global green energy supply and address the urgent need for eco-friendly solutions.
The strategic alignment between Infineon and SolarEdge positions them at the forefront of innovation in the smart energy industry. By combining their expertise and resources, they are poised to deliver groundbreaking solutions that push the boundaries of solar technology and contribute to a more sustainable future.
“We are excited to expand our strategic partnership with SolarEdge to shape innovation in green energy technologies and decarbonisation”, said Andreas Urschitz, Chief Marketing Officer at Infineon. “Our long-lasting collaboration is an enormous asset for both companies that paves the way for breakthrough-innovation and accelerated growth, as we combine our expertise and resources. With the latest investments in silicon carbide (SiC) and gallium nitride (GaN) manufacturing capacity, Infineon underlines its commitment to be a leading partner in climate technologies such as solar power.”
Uri Bechor, Chief Operating Officer at SolarEdge, said: “Securing the capacity levels of critical components such as power and wide-bandgap from Infineon enhances SolarEdge’s supply chain resiliency. This Capacity Reservation Agreement with Infineon is in line with our strategy to continue leading the global industry in solar energy advancement.”