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Stock impact report

Richardson Electronics, Ltd. Announces Large-Scale Pitch Energy Module Retrofit Program

Richardson Electronics, Ltd. (RELL) 
US:NASDAQ Investor Relations: rell.com/investor-relations
Company Research Source: GlobeNewswire
LAFOX, Ill., April 30, 2024 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL), a global provider of engineered solutions for renewable energy and other power management applications, announced a strategic partnership with Suzlon Energy Limited, India's largest renewable energy solutions provider. Richardson Electronics will develop pitch energy modules for Suzlon's global fleet of wind turbines, a testament to their engineered solutions expertise and commitment to advancing renewable energy solutions. Suzlon has over 12,000 wind turbines worldwide with over 9,000 in India. Suzlon is a leading Renewable Energy solutions provider with over ~20.5 GW* of Wind Energy capacity installed across 17 nations. A vertically integrated organization with in-house R&D centers in Germany, the Netherlands, Denmark, and India, Suzlon's world-class manufacturing facilities are spread across multiple locations in India. Suzlon has a 28-year operational history and nearly 6,300 diverse Show less Read more
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