Heron Power plans a new California transformer factory
The startup aims to manufacture advanced grid equipment locally and address ongoing U.S. power shortages.
See the latest news and media coverage for Heron. We track all announcements, press releases, and industry mentions in real time, all in one place.
Industrial power electronics manufacturer
heronpower.comLast updated
In short: Heron secured $140 million in Series B funding and a $60 million credit facility to scale its solid-state transformer manufacturing.
The startup aims to manufacture advanced grid equipment locally and address ongoing U.S. power shortages.
The advanced manufacturing facility will produce up to 10,000 Heron Links annually, creating over 600 jobs with over $100 million investment.
It emulates synchronous-machine physics to improve grid stability across renewable and data center systems.
The incentives from the California Governor's Office aim to expand manufacturing operations in the state.
US power electronics maker Heron Power has secured a USD-60-million (EUR 52.0m) credit facility from JP Morgan Chase & Co (NYSE:JPM) and TriplePoint Capital to...
This new plant will be significantly increasing the domestic production capacity of critical energy infrastructure. Heron ...
Heron Power, a startup run by a former senior executive of EV maker Tesla, said on Thursday it plan...
Heron initially leased approximately 18,000 square feet in December before expanding by an additional 13,000 square feet in March at 4742 Scotts Valley Dr. (CoStar...
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