The Zhitong Finance App learned that Wolfspeed (WOLF.US) released a revolutionary silicon carbide module on Monday. This innovative product aims to completely change the current state of the renewable energy, energy storage, and high-capacity fast charging industry by improving efficiency, durability, reliability and scalability.

Using its cutting-edge 200mm silicon carbide chip technology, the company successfully developed and launched a 2300V substrateless silicon carbide power module for 1500V DC bus applications. The launch of this module marks Wolfspeed's technical strength in the field of high-performance semiconductors.

Additionally, WolfSpeed announced a partnership with North America's leading utility-scale inverter manufacturer EPC Power. EPC Power plans to use Wolfspeed's silicon carbide modules in its utility-grade solar and energy storage systems, which are known for their scalable high power conversion capabilities, superior performance control, and system redundancy.

Against the backdrop of growing global investment in renewable energy, the market value of the solar energy market is expected to soar to $300 billion by 2032. According to data from the International Energy Agency (IEA), the 2024-2025 energy demand growth rate is expected to reach its highest point since 2007, which will further drive demand for efficient and reliable clean energy solutions. Wolfspeed's silicon carbide technology solutions will not only help fill this critical gap, but will also support the future development of modern energy technology while strengthening America's leadership in the global clean energy manufacturing industry.