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-0.00246609124537625 -0.00184956843403213 -0.00123304562268823 -0.000616522811344116 0.00245376078914917 -0.00123304562268823 0.00308261405671992 0.0160295930949444
Stock impact report

Richardson Electronics, Ltd. Completes Phase One of Largest Retrofit of Ultracapacitors for Pitch Energy Modules in North America [Yahoo! Finance]

Richardson Electronics, Ltd. (RELL) 
US:NASDAQ Investor Relations: rell.com/investor-relations
Company Research Source: Yahoo! Finance
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. 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 environme Show less Read more
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