4 MARKET NEWS Issue 3 2023 Power Electronics Europe www.power-mag.com Infineon invests €5billion in “world’s largest 200mm SiC power fab” The company is staking its claim in the role of SiC in wide bandgap materials for decarbonisation with expansion plans for a Malaysian fab. The Kulim fab, built in February 2022, will be expanded in the second phase of development announced last month. The planned expansion, depicted in the artist’s rendering, is backed by customer commitments covering about €5billion worth of new design wins in automotive and industrial applications as well as about €1billion in pre-payments. The planned expansion is backed by customer commitments covering about €5billion of new design wins in automotive and industrial applications as well as about €1billion in prepayments. Infineon says it expects the 200mm SiC power fab will lead to a total revenue potential of more over €7billion by 2030 with the planned 200mm SiC conversion of Villach and Kulim. The company has announced a SiC market share target of 30% towards the end of the decade. Infineon is confident that the company’s SiC revenue in the fiscal year 2025 will come in ahead of the target of €1billion. Infineon has been awarded new design wins of about €5billion and around €1billion in prepayments from existing and new customers, including six automotive OEMs, three of which are from China and include Ford, SAIC and Chery. Renewable energies customers include SolarEdge and three Chinese photovoltaic and energy storage systems companies. In addition, Infineon and Schneider Electric agreed on a capacity reservation including prepayments for power products based on silicon and SiC. The Right Honourable Dato’ Seri Anwar bin Ibrahim, Prime Minister of Malaysia, comments: “Malaysia is putting in maximum efforts to meet its national target to decarbonise its economy and achieve net zero by 2050. Malaysia’s continued appeal as a preferred investment destination comes with a well-established landscape for developing innovative and sustainable technologies”. Infineon adds that sustainability is a key element in the planning, construction and operation of the fab, which is designed to make responsible use of resources such as electricity and water. www.infineon.com The Kraken Technology Group, a design and engineering company for maritime security, has partnered with powertrain and electronics engineering company, Cosworth to develop advanced batteries for Kraken’s littoral defence and security range. Initially, the development will focus on the Kraken Manta range (pictured) of autonomous, uncrewed surface, sub-surface vessels designed for ISR (intelligence, surveillance and reconnaissance) missions. In 2018, Kraken’s electric propulsion technology broke the UIM (Union Internationale Motonautique) Outright Maritime Electric Speed World Record with an average speed of 88.61mph (142kph) at Coniston Water in the UK’s Lake District. Simon Dowson, Cosworth Managing Director, High Performance Battery Systems, comments: “The alternative propulsion arm of Cosworth has been developing high performance batteries for well over a decade. We believe that partnering with Kraken is a perfect showcase of our capabilities in boundary pushing applications such as the advanced vessels for which Kraken is known. The learnings from this partnership will also prove to be essential for our marine offering moving forward.” Kraken develops and manufactures composite materials, prototype vessels, autonomous technologies and advanced powering solutions for maritime, defence and security industries. Cosworth is a British engineering company, specialising in powertrain development, electronics and alternative propulsion solutions (hybrid or EV) as well as data connectivity and automation technology for the automotive, marine and aerospace sectors. https://www.cosworth.com Kraken and Cosworth partnership has lift-off for battery development
RkJQdWJsaXNoZXIy MjQ0NzM=