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

Richardson will be providing their patented Pitch Energy Module technology to Suzlon worldwide.

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 professionals. As India's largest Wind Energy service provider, it manages a portfolio of 14.5 GW Wind Energy assets.

Richardson Electronics’ pitch energy modules (patented technology) are drop-in replacements for batteries in pitch systems ranging from 150V to 500V DC and can be installed with no modifications to the battery box. Richardson Electronics’ PEMs work with existing chargers and controllers. These plug-and-play modules are easy to install, increase wind turbine uptime, and reduce labor costs in both time and frequency.

“We are extremely excited about our program with Suzlon. They are an excellent company with an amazing team at all levels. With Richardson Electronics being the world leader in the design and manufacturing of PEMs for the Wind Turbine Market to partner with Suzlon, a world leader in the design and development of wind turbines, it has all the components of a great long-term successful relationship," 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 at the upcoming events:

• CLEANPOWER Conference & Exhibition | May 6-9, 2024 | Minneapolis Convention Center | Minneapolis, MN
• WindEnergy Hamburg Event | September 24-27, 2024 | Hamburg Exhibition Centre | Hamburg, Germany

About Richardson Electronics, Ltd.