CFIUS approval allows Wolfspeed to complete an equity issuance to Renesas as part of its court-approved restructuring process. (Source: © tippapatt - stock.adobe.com)
CORPORATE STRATEGY

Renesas becomes strategic shareholder in Wolfspeed

Wolfspeed, Inc., announced that the Committee on Foreign Investment in the United States (“CFIUS”) has formally cleared the Company’s issuance of equity to Renesas Electronics America Inc., completing a key component of Wolfspeed’s previously announced restructuring agreement with its lender group in support of its Chapter 11 process.

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From niche deployments to multi-hundred-megawatt projects, BESS reshapes the role of inverters and converters in modern grids. (Source: © Sashkin - stock.adobe.com)
BATTERY SYSTEMS

Energy storage and the rise of power electronics

Battery energy storage systems (BESS) are rapidly moving to the forefront of modern power grids. Once limited to pilot projects, they now support multi-hundred-megawatt installations that rival traditional generation assets. This shift is transforming the power electronics industry, making inverters, converters, and control platforms essential for grid-scale performance and compliance

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 Due to the presence of superconducting material, SMES shows a high efficiency of more than 95%. (Source: © Faizer - stock.adobe.com)
ENERGY STORAGE

SMES: “Coolest” method to store energy

In the context of energy storage, mainstream media popularize hydropower and batteries. Little is known about the role of superconducting materials in energy storage. A unique technique, known as superconducting magnetic energy storage (SMES), uses magnetic fields to store energy. Due to the exceptional properties of superconductors, scientists and researchers consider energy storage an essential application.

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Power electronics form the technological backbone of battery energy storage systems for renewable energy integration. (Source: © Design Stock - stock.adobe.com)
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BATTREY SYSTEMS

Power electronics in energy storage

In the course of the energy transition, the storage of energy is a central issue. The core behind the idea of sector coupling is the efficient use of both electrical and chemically stored energy as well as the efficient use or reuse of waste heat. "Storing energy" therefore refers to both the storage of electrical and thermal energy.

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The PCIM Conference 2026 will take place from June 9-11, featuring discussions on power electronics trends, including GaN technology and AI applications. (symbolic image) (Source: © Elmira - stock.adobe.com)
POWER INNOVATION

Over 500 presentations expected at PCIM Conference 2026

From 9–11 June 2026, the PCIM Conference will once again bring together the leading minds in power electronics and offer real-life experiences of future trends and innovations. This event has always been of vital importance to the surrounding industry, and it is set to demonstrate why by breaking a record in 2026: Participants can look forward to an extensive line-up of first-rate talks and poster presentations – including numerous first publications from industry and science – that will surpass 500 for the first time. Those in attendance will thus benefit from first-hand expert knowledge all along the value chain in power electronics.

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