# Onsemi signs $1.95B LTSA with solar inverter manufacturers

Onsemi announced long-term supply agreements with a consortium of eight leading global solar inverter manufacturers to supply silicon carbide components and modules, representing approximately $1.95 billion in purchase commitments.

- Type: Contract
- Announced: 2023-08-11
- Value: $1.95B
- Status: announced
- Products: silicon carbide components, silicon carbide modules
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

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

## Sources

- [eepower.com](https://eepower.com/news/onsemi-long-term-supply-agreements-heat-up/), 2023-08-11: "In a separate agreement, onsemi will supply its silicon carbide (SiC) component and module technology to leading global solar inverter manufacturers for high-voltage DC to AC solar inverter applications."

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