Potential offtaker

Navitas Semiconductor Ltd.

www.navitassemi.com

Estimated electricity consumption

N/A

Countries of production presence

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Navitas Semiconductor Ltd. is a leading provider of advanced power management semiconductors that enable energy-efficient, high-performance electronic systems. The company is based in the United States of America and operates in the Semiconductor Devices sector. Navitas Semiconductor's mission is to accelerate the adoption of energy-efficient power electronics to enable the decarbonisation of the global economy.

The company's products are used in a wide range of applications, including mobile devices, laptops, servers, automotive, and industrial equipment. Navitas Semiconductor's GaNFast technology is a key enabler of high-efficiency power electronics, delivering up to 3x faster charging, 40% smaller and lighter chargers, and up to 20% more energy savings compared to traditional silicon-based solutions.

Navitas Semiconductor is committed to reducing its environmental impact and promoting corporate energy sustainability. The company has implemented a number of initiatives to reduce its carbon footprint, including the use of renewable energy sources, energy-efficient buildings, and the adoption of sustainable transportation practices.

One of the ways Navitas Semiconductor is reducing its carbon footprint is through the use of corporate power purchase agreements (PPAs). A corporate PPA is a long-term contract between a renewable energy developer and a corporate buyer, in which the buyer agrees to purchase a certain amount of renewable energy at a fixed price for a specified period. By entering into a corporate PPA, Navitas Semiconductor is able to secure a reliable, low-cost source of renewable energy, while also reducing its carbon emissions.

Navitas Semiconductor has also implemented a number of energy-efficient practices in its corporate offices and manufacturing facilities. The company's headquarters in El Segundo, California, is LEED-certified, meaning it meets the highest standards of energy efficiency and sustainability. The building features a number of energy-saving technologies, including a high-efficiency HVAC system, LED lighting, and a rooftop solar array that generates a portion of the building's electricity needs.

In addition to its commitment to energy efficiency and renewable energy, Navitas Semiconductor is also committed to promoting the adoption of energy-efficient power electronics in the broader market. The company is a member of the Power Electronics Industry Collaborative (PEIC), a group of leading power electronics companies that are working together to promote the adoption of energy-efficient technologies.

Navitas Semiconductor's GaNFast technology is a key enabler of energy-efficient power electronics, delivering significant energy savings and performance improvements compared to traditional silicon-based solutions. The company is actively working to promote the adoption of GaNFast technology in a wide range of applications, including mobile devices, laptops, servers, automotive, and industrial equipment.

In conclusion, Navitas Semiconductor Ltd. is a leading provider of advanced power management semiconductors that enable energy-efficient, high-performance electronic systems. The company is committed to reducing its environmental impact and promoting corporate energy sustainability through the use of renewable energy sources, energy-efficient buildings, and the adoption of sustainable transportation practices. Navitas Semiconductor's GaNFast technology is a key enabler of energy-efficient power electronics, and the company is actively working to promote its adoption in a wide range of applications. Through its commitment to decarbonisation and energy efficiency, Navitas Semiconductor is helping to create a more sustainable future for all.

✓ Science Based Targets member
✓ Declared Net Zero commitment