Wolfspeed and Hopewind have announced a partnership that will integrate Wolfspeed’s 2.3kV LM Pack Module into Hopewind’s 950Vac wind‑power converter, creating a silicon‑carbide power cabinet that offers up to 38% higher power density and a switching frequency of up to 6kHz. The module is slated for commercial availability in early 2026.
The deal marks Wolfspeed’s first entry into the wind‑energy market and represents a strategic pivot toward renewable‑energy applications. The company has recently emerged from Chapter 11 bankruptcy and reported a net loss of $669.3 million in the fourth quarter of fiscal 2025, with a negative gross margin of 39% in the first quarter of fiscal 2026. By adding a high‑margin SiC product line to its portfolio, Wolfspeed aims to broaden its revenue base beyond automotive and data‑center markets.
Hopewind, which earned BloombergNEF Tier 1 status for photovoltaic inverters in the second quarter of 2024, will leverage Wolfspeed’s advanced SiC technology to enhance the efficiency and reliability of its wind‑power converters. The partnership positions Hopewind to offer a differentiated cabinet solution that can meet the growing demand for high‑performance wind‑energy equipment in China and beyond.
Silicon‑carbide components are increasingly critical in wind‑energy systems because they enable higher operating temperatures, lower losses, and smaller footprints. The partnership taps into a market projected to grow as governments push for decarbonization, and it places Wolfspeed in direct competition with other SiC suppliers that are targeting the renewable‑energy sector.
Wolfspeed CEO Robert Feurle said the collaboration “strengthens our capital structure and expands our path to profitability by entering a high‑growth market.” Hopewind Vice President Wang Yan added, “By incorporating Wolfspeed’s advanced 2.3kV LM Pack Module, we are taking a significant step forward in delivering high‑efficiency, reliable, and cost‑effective solutions for the wind power industry.”
The module’s early 2026 launch is expected to open a new revenue stream for Wolfspeed, while Hopewind will benefit from the performance gains that SiC technology delivers. The partnership underscores Wolfspeed’s commitment to leveraging its 200‑mm SiC manufacturing capability and signals a broader strategy to capture a share of the expanding renewable‑energy market.
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