FreeTheAI

ON Semiconductor Supplies Power Modules for Sungrow Storage System

BullishMedium impact

ON Semiconductor Corporation (NASDAQ:ON) announced that renewable energy technology provider Sungrow has adopted its EliteSiC silicon carbide hybrid power modules for the PowerTitan 3.0 energy storage platform. The high-density power integrated modules are designed for three-level inverter architectures in utility-scale battery systems, supporting power conversion units rated up to 450 kilowatts.

The updated power architecture improves inverter-level efficiency by 0.4 percentage points over the prior generation, pushing peak power conversion efficiency past 99.3%. In a utility-scale 100-megawatt battery storage facility, a 0.4% efficiency increase saves over 475 megawatt-hours of electricity annually, helping energy providers lower operating costs and deliver more usable power as global energy demand grows.

Investors will monitor the expansion of these storage platforms as industry forecasts project the global battery energy storage market to more than double by 2030. Sungrow estimates deploying 10 gigawatt-hours of PowerTitan 3.0 across Europe in 2026. Shares of ON Semiconductor traded up 0.91% at $76.69 USD following the news.

Key points

  • Sungrow selected ON Semiconductor Corporation (NASDAQ:ON) EliteSiC hybrid power modules for its PowerTitan 3.0 battery storage platform.
  • The updated power architecture improves inverter-level efficiency by 0.4 percentage points, lifting peak efficiency above 99.3%.
  • A 0.4% efficiency gain can save over 475 MWh of electricity each year in a 100 MW battery storage installation.
  • Sungrow plans to deliver 10 GWh of the PowerTitan 3.0 platform in Europe in 2026.

Written by our AI from expert market sources across the web. It can contain mistakes: check the facts before acting on them. Write-ups powered by the free AI API at FreeTheAI.org

How we writeDisclaimer

Questions and answers

What technology is ON Semiconductor supplying to Sungrow?

ON Semiconductor is supplying EliteSiC silicon carbide hybrid power modules for Sungrow's PowerTitan 3.0 energy storage platform.

How much does the new module design improve inverter efficiency?

The EliteSiC module improves inverter-level efficiency by 0.4 percentage points, helping total system peak efficiency exceed 99.3%.

How much PowerTitan 3.0 capacity does Sungrow plan to deliver in Europe?

Sungrow estimates delivering 10 gigawatt-hours of the PowerTitan 3.0 energy storage platform across Europe in 2026.