GLOBAL SIC IN SOLAR ENERGY MARKET

INTRODUCTION

SiC is utilised in concentrating solar power (CSP) plants' heat exchangers, electric vehicles, and power electronics devices like inverters that transfer energy from photovoltaic (PV) arrays to the electric grid.

Compared to silicon, SiC can handle higher temperatures and voltages, making it a more dependable and adaptable inverter component. Solar-generated electricity from inverters is transformed into alternating current that is compatible with the grid. Some energy is lost as heat during the conversion process. 

GLOBAL SIC IN SOLAR ENERGY MARKET SIZE AND FORECAST

The Global SiC in Solar Energy market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

SiC Power Modules were launched by ON Semiconductor to support Delta's solar PV inverters. A 1200 V, 40 mV SiC MOSFET and a 1200 V, 40 A SiC boost diode with a dual boost stage are included into the NXH40B120MNQ line of full SiC power modules.

"Silicon Carbide technology has the potential to change the energy business. It provides the low reverse recovery and quick switching characteristics needed to achieve the high levels of power efficiency necessary in applications like solar inverters. 

The fully integrated SiC power modules created by ON Semiconductor show the maturity of SiC technology while addressing the requirement for improved system efficiency at larger power levels in solar inverters.

In order to meet the demands of the global solar PV market while focusing on providing cutting-edge, environmentally friendly, and energy-efficient solutions for a better people are constantly seeking to collaborate with suppliers. These suppliers should be able to help each other achieve maximum efficiency, reduce product volume and weight, and meet these demands. 

People chose the full SiC power modules from ON Semiconductor for M70A 70kW three-phase PV string inverter because they offer best in class performance. This, along with their specialisation in high-efficiency power electronics, enables products to achieve peak energy conversion efficiency as high as 98.8%.

The NXH40B120MNQ offers a high level of integration with pin assignment that is ideal for inverter design as part of ON Semiconductor's expanding array of Power Integrated Modules (PIMs) based on wide bandgap (WBG) technology.

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many SiC in Solar Energy  are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global SiC in Solar Energy  and key vendor selection criteria
3. Where is the SiC in Solar Energy  manufactured? What is the average margin per unit?
4. Market share of Global SiC in Solar Energy  market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global SiC in Solar Energy  in-house
6. key predictions for next 5 years in Global SiC in Solar Energy  market
7. Average B-2-B SiC in Solar Energy  market price in all segments
8. Latest trends in SiC in Solar Energy  market, by every market segment
9. The market size (both volume and value) of the SiC in the Solar Energy  market in 2023-2030 and every year in between?
10. Production breakup of SiC in Solar Energy  market, by suppliers and their OEM relationship