Richardson Electronics, Ltd. Completes Phase One of Largest Retrofit of Ultracapacitors for Pitch Energy Modules in North America

March 14, 2024

https://www.globenewswire.com/news-release/2024/03/14/2846461/0/en/Richardson-Electronics-Ltd-Completes-Phase-One-of-Largest-Retrofit-of-Ultracapacitors-for-Pitch-Energy-Modules-in-North-America.html

LAFOX, Ill., March 14, 2024 (GLOBE NEWSWIRE) — Richardson Electronics, Ltd. (NASDAQ:RELL), a global provider of engineered solutions for renewable energy and other power management applications, has reached a significant milestone with the shipment and installation of over 50,000 patented ULTRA3000® pitch energy modules (“PEMs”). PEMs store and manage energy required to adjust the blade angles to ensure effective operation of the wind turbine. This achievement marks the largest retrofit of ultracapacitors for pitch energy modules in North America and is a major step toward the Company’s growth goals within the renewable energy market.

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