Richardson Electronics, Ltd. Introduces Ultracapacitor Pitch Energy Modules into the European Market for Five Wind Turbine Platforms
Richardson Electronics, (NASDAQ: RELL) is set to exhibit its ultracapacitor pitch energy modules at the WindEnergy Hamburg Event from September 24-27, 2024. The company will introduce its ULTRAPEM™ and ULTRA3000® products to the European market, custom-designed for GE, Nordex, Senvion, Alstom, and Suzlon wind turbine platforms. The ULTRA3000® is a drop-in replacement for lead-acid batteries in wind turbine pitch systems, offering improved lifespan and reduced environmental impact. Richardson Electronics has already shipped and installed over 55,000 patented ULTRA3000® pitch energy modules in North America, marking the largest retrofit of ultracapacitors for PEMs in the region.
Richardson Electronics (NASDAQ: RELL) sarà presente all'evento WindEnergy Hamburg dal 24 al 27 settembre 2024, dove esporrà i suoi moduli di energia per il pitch ad ultracapacitori. L'azienda presenterà i suoi prodotti ULTRAPEM™ e ULTRA3000® al mercato europeo, progettati su misura per le piattaforme di turbine eoliche di GE, Nordex, Senvion, Alstom e Suzlon. L'ULTRA3000® è un sostituto diretto delle batterie al piombo nelle turbine eoliche, offrendo una maggiore durata e un ridotto impatto ambientale. Richardson Electronics ha già spedito e installato oltre 55.000 moduli di energia per il pitch ULTRA3000® brevettati in Nord America, segnando il più grande retrofit di ultracapacitori per PEM nella regione.
Richardson Electronics (NASDAQ: RELL) está programado para exhibir sus Módulos de energía de pitch de ultracondensadores en el evento WindEnergy Hamburgo del 24 al 27 de septiembre de 2024. La empresa presentará sus productos ULTRAPEM™ y ULTRA3000® al mercado europeo, diseñados a medida para las plataformas de turbinas eólicas de GE, Nordex, Senvion, Alstom y Suzlon. El ULTRA3000® es un reemplazo directo de las baterías de plomo-ácido en los sistemas de pitch de turbinas eólicas, ofreciendo una vida útil mejorada y un menor impacto ambiental. Richardson Electronics ya ha enviado e instalado más de 55,000 módulos de energía de pitch ULTRA3000® patentados en América del Norte, marcando la mayor modernización de ultracondensadores para PEM en la región.
리차드슨 일렉트로닉스 (NASDAQ: RELL)는 2024년 9월 24일부터 27일까지 함부르크에서 열리는 WindEnergy 행사에서 울트라커패시터 피치 에너지 모듈을 전시할 예정입니다. 이 회사는 ULTRAPEM™ 및 ULTRA3000® 제품을 유럽 시장에 소개하며, GE, Nordex, Senvion, Alstom, 그리고 Suzlon 풍력 터빈 플랫폼에 맞춤 설계되었습니다. ULTRA3000®은 풍력 터빈 피치 시스템에서 납산 배터리를 대체할 수 있는 제품으로, 수명을 연장하고 환경 영향을 줄여줍니다. 리차드슨 일렉트로닉스는 북미에서 이미 55,000개 이상의 특허받은 ULTRA3000® 피치 에너지 모듈을 발송 및 설치하여, 이 지역에서 울트라커패시터를 PEM용으로 가장 대규모로 개조한 사례를 기록했습니다.
Richardson Electronics (NASDAQ: RELL) sera présent à l'événement WindEnergy Hamburg du 24 au 27 septembre 2024 pour présenter ses modules d'énergie de pitch à ultracondensateurs. L'entreprise introduira ses produits ULTRAPEM™ et ULTRA3000® sur le marché européen, conçus sur mesure pour les plateformes de turbines éoliennes de GE, Nordex, Senvion, Alstom et Suzlon. Le ULTRA3000® est un remplacement direct des batteries au plomb dans les systèmes de pitch des turbines éoliennes, offrant une durée de vie améliorée et un impact environnemental réduit. Richardson Electronics a déjà expédié et installé plus de 55 000 modules d'énergie de pitch ULTRA3000® brevetés en Amérique du Nord, représentant la plus grande modernisation d'ultracondensateurs pour PEM dans la région.
Richardson Electronics (NASDAQ: RELL) wird seine Ultracapacitor Pitch-Energiemodule vom 24. bis 27. September 2024 auf der WindEnergy Hamburg präsentieren. Das Unternehmen wird seine Produkte ULTRAPEM™ und ULTRA3000® auf dem europäischen Markt vorstellen, die speziell für die Windturbine-Plattformen von GE, Nordex, Senvion, Alstom und Suzlon entwickelt wurden. Der ULTRA3000® ist ein direkter Ersatz für Bleiacid-Batterien in Windturbinen-Pitch-Systemen und bietet eine verbesserte Lebensdauer sowie eine verringerte Umweltbelastung. Richardson Electronics hat bereits über 55.000 patentierte ULTRA3000® Pitch-Energiemodule in Nordamerika versandt und installiert, was die größte Umrüstung von Ultracapacitors für PEMs in der Region darstellt.
- Introduction of ultracapacitor pitch energy modules to the European market
- Custom-designed solutions for five major wind turbine platforms
- Shipment and installation of over 55,000 ULTRA3000® pitch energy modules in North America
- ULTRA3000® offers improved lifespan and reduced environmental impact compared to lead-acid batteries
- Expansion into European market with proven success in North America
- None.
Insights
Richardson Electronics' introduction of ultracapacitor pitch energy modules to the European wind energy market is a strategic move with potential long-term benefits. The company's success in North America, with over 55,000 patented ULTRA3000® modules shipped and installed, provides a strong foundation for European expansion. This move could diversify their revenue streams and capitalize on Europe's growing renewable energy sector.
However, the impact on investors may be in the short term. The WindEnergy Hamburg event is still a year away and the company hasn't provided specific financial projections or European market size estimates. The true impact will depend on European adoption rates and Richardson's ability to compete with established local players. Investors should monitor for future announcements on European partnerships, sales figures, or market share gains to gauge the success of this expansion.
Richardson's ULTRA3000® technology addresses a critical need in the wind energy sector. By replacing lead-acid batteries with ultracapacitors for pitch control systems, they're tackling key industry pain points: maintenance costs and environmental impact. This solution could significantly reduce downtime and operational expenses for wind farm operators.
The European market presents both opportunities and challenges. Europe is a leader in wind energy, with ambitious renewable targets. However, it's also a mature market with established suppliers. Richardson's success will hinge on demonstrating superior performance and cost-effectiveness compared to existing solutions. The company's ability to customize for major turbine manufacturers (GE, Nordex, Senvion, Alstom, Suzlon) is a strong selling point, potentially easing adoption barriers. Keep an eye on regulatory developments and subsidies in key European markets, as these could significantly influence demand for Richardson's products.
Company to Exhibit at WindEnergy Hamburg Event on September 24 – 27th, 2024
LAFOX, Ill., Aug. 26, 2024 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL), a global provider of engineered solutions for renewable energy and other power management applications, will be exhibiting at the WindEnergy Hamburg Event (Stand # B2.OG.165) on September 24 – 27, in Hamburg, Germany. Richardson Electronics will showcase its line of ultracapacitor pitch energy modules (ULTRAPEM™ and ULTRA3000®) and other product solutions for wind turbine platforms. These solutions will be introduced to the European market and are custom-designed for the following wind turbine technologies*: GE, Nordex, Senvion, Alstom, and Suzlon.
One of the products Richardson Electronics will showcase is the ULTRA3000®, a drop-in replacement for lead-acid batteries used in electric pitch systems within wind turbines. Pitch Energy Modules (PEMs) store and manage the energy required to adjust the blade angles to ensure the effective operation of the wind turbine. The improved life span of the patented ULTRA3000® reduces maintenance requirements and significantly reduces the environmental impact associated with lead-acid batteries.
“For many years, Richardson Electronics has had a strong presence in Europe. We are well positioned to expand into Europe with our latest custom-designed and engineered solution for various wind turbine platforms, as they have already seen great success in North America. This is a very exciting time for Richardson, and we are looking forward to this event," stated Greg Peloquin, Executive Vice President and General Manager of Power & Microwave Technologies and Green Energy Solutions groups.
Richardson Electronics has reached a significant milestone with the shipment and installation of over 55,000 patented ULTRA3000® pitch energy modules ("PEMs"). This achievement marks the largest retrofit of ultracapacitors for pitch energy modules in North America.
Meet the Richardson Electronics team at the WindEnergy Hamburg Event—Stand B2.OG.165 to learn more about the company and its patented solutions for green power management. To register, visit the WindEnergy Hamburg registration page.
*All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of the trademarks is solely for identification purposes and does not imply any affiliation with or endorsement by the trademark holders.
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
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 Peloquin
Executive Vice President & GM
Power & Microwave Technologies and Green Energy Solutions
Phone: (630) 659-8900
peloquin@rell.com
40W267 Keslinger Road
LaFox, IL 60147-0393 USA
(630) 208-2200 | Fax: (630) 208-2550
FAQ
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