Heron Power raises $140M to modernize electrical transformers

February 18, 2026 at 1:00 PM
Jeff St. John
Canary Media Renewables_Storage Inverters & Power Electronics Batteries & BESS ✓ Processed

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Summary

Since the late 1800s , the grid has used more or less the same devices to convert electricity to different voltages. They’re called transformers — and they’re in increasingly short supply as power demand surges nationwide. A crop of startups wants to solve that problem and modernize transformer technology at the…

Since the late 1800s , the grid has used more or less the same devices to convert electricity to different voltages. They’re called transformers — and they’re in increasingly short supply as power demand surges nationwide. A crop of startups wants to solve that problem and modernize transformer technology at the…

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