Richardson Electronics, Ltd. Completes Phase One of Largest Retrofit of Ultracapacitors for Pitch Energy Modules in North America
March 14 2024 - 11:00AM
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.
Richardson Electronics' ULTRA3000® is a drop-in
replacement for lead acid batteries used in electric pitch systems
within wind turbines. Lead-acid batteries are toxic to the
environment if not properly disposed. In addition, the improved
life span of the patented ULTRA3000® reduces maintenance
requirements and significantly reduces the environmental impact
associated with lead acid batteries. To put it into perspective,
the Company estimates the impact of installing 50,000 PEMs is
equivalent to:
- Eliminating the demand for approximately 250,000 toxic
lead-acid batteries that can cause environmental issues
- Saving an estimated 3,300 tons of CO2 production
- Saving owner-operators millions of dollars in maintenance and
battery disposal costs over the life of the wind turbine
“This milestone is a testament to our team’s dedication and hard
work. Our design, manufacturing, and quality approach allowed us to
reach this milestone in a very short amount of time. As we
celebrate this achievement, we are excited to expand outside of
North America with new products designed and engineered for other
wind turbine platforms throughout the world," stated Greg Peloquin,
Executive Vice President and General Manager of Power &
Microwave Technologies and Green Energy Solutions groups.
Richardson Electronics will showcase its
ultracapacitor pitch energy modules and other product solutions for
wind turbine platforms on September 24 to 27, 2024, at the
WindEnergy Hamburg Event (Hamburg, Germany). With approximately
40,000 attendees from over 100 countries, this show is one of the
world's biggest and most important wind business platforms for
exchanging news and views and building networks.
About Richardson Electronics,
Ltd.
Richardson Electronics, Ltd. is a leading global manufacturer of
engineered solutions, power grid and microwave tubes, and related
consumables; power conversion and RF and microwave components,
including green energy solutions; high-value replacement parts,
tubes, and service training for diagnostic imaging equipment; and
customized display solutions. More than 60% of our products are
manufactured in LaFox, Illinois, Marlborough, Massachusetts, or
Donaueschingen, Germany, or by one of our manufacturing partners
throughout the world. All our partners manufacture to our strict
specifications and adhere to our supplier terms and conditions. We
serve customers in the alternative energy, healthcare, aviation,
broadcast, communications, industrial, marine, medical, military,
scientific, and semiconductor markets. The Company's strategy is to
provide specialized technical expertise and "engineered solutions"
based on our core engineering and manufacturing capabilities. The
Company provides solutions and adds value through design-in
support, systems integration, prototype design and manufacturing,
testing, logistics, and aftermarket technical service and repair
through its global infrastructure. More information is available at
www.rell.com.
Richardson Electronics common stock trades on the NASDAQ Global
Select Market under the ticker symbol RELL.
About Richardson Electronics – Green Energy
Solutions
Richardson Electronics Green Energy Solutions combines our key
technology partners and engineered solutions capabilities to design
and manufacture key products for the fast-growing energy storage
market and power management applications. As a designer,
manufacturer, technology partner, and authorized distributor, GES's
strategy is to provide specialized technical expertise and
engineered solutions using our core design engineering and
manufacturing capabilities on a global basis. We provide solutions
and add value through design-in support, systems integration,
prototype design and manufacturing, testing, logistics, and
aftermarket technical service and repair—all through our existing
global infrastructure. GES focuses on products for numerous green
energy applications such as wind, solar, hydrogen, and electric
vehicles and other power management applications that support green
solutions such as synthetic diamond manufacturing. For more
information, visit us at
https://www.rell.com/greenenergysolutions/.
About Richardson Electronics – Power
& Microwave Technologies
For over 75 years, Richardson Electronics has
been your industry-leading global provider of engineered solutions,
RF & microwave, and power products. The Power & Microwave
Technologies group continues this legacy and complements it with
new products from the world's most innovative technology partners.
Richardson Electronics' Power & Microwave Technologies group
focuses on what we do best: identify and design disruptive
technologies, introduce new products on a global basis, develop
solutions for our customers, and provide exceptional worldwide
support. As a global company, we provide solutions and add value
through design-in support, systems integration, prototype design
and manufacturing, testing, logistics, and aftermarket technical
service and repair—all through our existing global infrastructure.
More information is available at rellpower.com | relltubes.com |
rellaser.com.
For Details Contact:Greg PeloquinExecutive Vice
President & GM Power & Microwave Technologies and Green
Energy SolutionsPhone: (630) 659-8900peloquin@rell.com
40W267 Keslinger RoadLaFox, IL 60147-0393 USA(630) 208-2200 |
Fax: (630) 208-2550
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