# Onsemi signs $1.95B supply agreements with solar inverter manufacturers

Onsemi signed long-term supply agreements worth $1.95 billion with eight of the ten largest solar inverter manufacturers for its intelligent power solutions, including silicon carbide technology.

- Type: Contract
- Announced: 2023-08-03
- Value: $1.95B
- Status: announced
- Products: intelligent power solutions, silicon carbide technology, power ICs
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [onsemi](https://endata.com/companies/15223.md) (supplier)

## Sources

- [elektroniknet.de](https://www.elektroniknet.de/smarter-world/smart-energy/onsemi-sichert-sich-liefervertraege-in-milliardenhoehe.f61cdd52-8b64-488e-8aa1-0931a595f124.html), 2023-08-03: "Langfristige Liefervereinbarungen im Wert von 1,95 Mrd. US-Dollar hat Onsemi für seine intelligenten Stromversorgungslösungen mit mehreren Herstellern von Solar-Wechselrichtern geschlossen."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.