Richardson Electronics announces supply agreement with TransAlta

Richardson Electronics (RELL) announced the expansion of its customer base through a supply agreement with TransAlta Corporation (TAC) for its patented pitch energy modules designed for GE wind turbines and SSB platforms. Under the terms of the agreement, Richardson Electronics will provide its patented ULTRA3000 and ULTRAPEM modules to numerous wind farms throughout Canada and the United States. Richardson expects shipments to occur throughout calendar year 2025.