Infineon signs supply agreement with SolarEdge
Infineon and SolarEdge have announced a multi-year capacity reservation agreement (CRA) that will see Infineon supplying SolarEdge with critical semiconductor components.
The two companies are already partners, but they have extended their collaboration with this supply agreement. In addition to the CRA, the two firms will collaborate on the development of future solar products based on wide-bandgap (WBG) materials that are key for global green energy supplies.
"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, added: "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."