Breakthrough Energy Ventures

Heron Power plans $100 million factory for advanced electric grid equipment

Heron Power, a startup founded by a former Tesla executive, plans to invest $100 million in a new factory in California, south of San Jose. The facility will produce advanced transformers and power conversion systems for the U.S. electric grid, aiming to address critical component shortages. These systems are designed to support large-scale energy and data center projects.