Richardson Electronics, Ltd. Announces Two Multi-Million Dollar Contracts for its Patented Ultracapacitor Pitch Energy Modules

Core Insights - Richardson Electronics, Ltd. has secured two multi-million dollar production contracts with major wind farm operators in North America for its patented ultracapacitor pitch energy modules (PEMs) and related products, with shipments expected in 2025 [1][2][4] Company Overview - Richardson Electronics is a global provider of engineered solutions, focusing on renewable energy and power management applications, with over 60% of its products manufactured in LaFox, Illinois, Marlborough, Massachusetts, or Donaueschingen, Germany [5] - The company serves various markets including alternative energy, healthcare, aviation, and semiconductor industries, emphasizing specialized technical expertise and engineered solutions [5][7] Product Details - The ULTRA3000® units provided by Richardson are designed as a drop-in replacement for lead-acid batteries in electric pitch systems of wind turbines, enhancing energy management for blade angle adjustments [3] - The ULTRA3000® offers a longer lifespan and reduced maintenance needs compared to traditional lead-acid batteries, thereby lowering environmental impact [3] Strategic Focus - The contracts align with Richardson Electronics' strategy to deliver innovative solutions and exceptional value to wind turbine customers, reinforcing its position as an industry leader [2][4] - The Green Energy Solutions division of Richardson focuses on products for energy storage and power management applications, including wind, solar, and electric vehicles [7]