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July 16, 2025
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Data center boom heats up solid state transformers

Data center boom heats up solid state transformers. As seen on Axios Pro.

Solid-state transformers (SSTs) are gaining momentum as rising electricity demands from sectors like data centers push the need for more efficient, compact, and intelligent grid equipment. Unlike conventional transformers, SSTs use advanced power electronics to provide greater efficiency, flexibility, and control. Growing interest from both major industrial players and venture capital investors is fueling rapid development and commercialization, with multiple companies securing significant funding to scale production. Advances in semiconductor technology and the urgent need for smarter energy infrastructure are bringing SSTs closer to widespread adoption.

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About the Author
Craig Lawrence

Craig Lawrence

Craig Lawrence is a founding partner at Energy Transition Ventures, bringing over 25 years of experience in energy technology, investing, and management. He has a strong background in venture capital, having worked as a partner at Accel Partners and with startups focused on clean energy innovation. Craig also led product management and marketing at SunPower, driving significant growth in solar technology. His extensive career includes leadership roles in cleantech and energy innovation, making him a key figure in advancing sustainable energy solutions.