| | NOVEMBER 20238IN FOCUSMITSUBISHI COLLABORATES WITH EUROPEAN CHIP MANUFACTURER TO DEVELOP SICSAUDI ARABIA TO INVITE 4 NEW SOLAR POWER PROJECTSThe Netherlands' Nexperia B.V. and the Japanese multinational electronics and electrical equipment manufacturing business formed a cooperation. The goal of Mitsubishi and Nexperia is to create power semiconductors made on silicon carbide (SiC). The Tokyo-based producer of electrical equipment and electronics intends to develop and deliver SiC MOSFET chips to Nexperia, utilising its wide-band gap semiconductor capabilities. The European chip manufacturer will then create SiC discrete devices using Mitsubishi's SiC MOSFET chips."Nexperia is a market leader in the industrial sector, offering high-quality discrete semiconductors using proven technology. "We are thrilled to begin this co-development partnership that will capitalise on the semiconductor technologies of both companies", said Mitsubishi Electric's Group President of Semiconductors & Devices and Executive Officer Masayoshi Takemi.The market for electric vehicles and the exponential increase it is causing in SiC power semiconductors were noted in the collaboration announcement. SiC power semiconductors have quicker switching rates, higher operating temperatures, and less energy loss than conventional silicon power semiconductors. Nexperia's silicon carbide journey has advanced significantly with this strategic relationship with Mitsubishi Electric. Mitsubishi Electric is a well-established provider of SiC devices and modules with a solid technological track record. Saudi Arabia has extended an invitation to businesses to submit applications for four brand-new solar power projects under the National Renewable Energy Programme (NREP), which has an overall 3,700 MW of production potential. The Saudi Power Procurement Company (SPPC) has announced that the Request for Qualification (RFQ) process is currently live for contractors who would like to submit a proposal for these solar photovoltaic (PV) Independent Power Plant (IPP) projects.The projects, according to a statement from SPPC, are the 2,000 MW Al-Sadawi IPP project in the Eastern province, the 1,000 MW Al-Masaa IPP project in the North-Western Hail region, the 400 MW Al-Henakiyah-2 IPP in the Madinah region, and the 300 MW Rabigh-2 IPP project in the Makkah region.SPPC, the projects include the 2,000 MW Al-Sadawi IPP project in the Eastern province, the 1,000 MW Al-Masaa IPP project in the North-Western Hail region, the 400 MW Al-Henakiyah-2 IPP in the Madinah region, and the 300 MW Rabigh-2 IPP project in the Makkah region.The projects are part of the Gulf Kingdom's Vision 2030 economic diversification scheme, namely the fifth phase of the NREP. The goal of the programme is to increase the amount of renewable energy in the nation's energy mix in order to reach the 50 percent target outlined in Vision 2030. The government-owned SPCC, which is in charge of acquiring electricity from independent power providers, announced that it has already granted contracts for renewable energy projects with a combined 12.6 gigawatt (GW) of production capacity.
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