Soluna Breaks Ground on 166-MW Texas Wind-Powered Data Center for Crypto and AI

AI generated summary

Soluna Holdings is set to break ground on Project Kati, a 166-MW wind-powered data center in Texas, aimed at supporting Bitcoin hosting and the growing demand for artificial intelligence (AI) and high-performance computing (HPC). This project, developed in partnership with EDF Renewables, Masdar, and Spring Lane Capital, will integrate utility-scale wind generation with flexible computing workloads, enhancing grid resilience and optimizing returns for renewable energy producers. Project Kati is expected to be one of the largest dual-purpose computing facilities in Texas.

Located in Willacy County, the project will commence with an 83-MW Bitcoin hosting facility, expected to be operational by early 2026. Galaxy Digital will be the anchor customer, utilizing 48 MW for its operations. The phased approach of Project Kati aligns with the increasing demand for data capacity and addresses grid congestion in the ERCOT region. Soluna emphasizes that the project is designed to adapt to wind variability, acting as a 'smart load' that can quickly adjust power consumption based on grid conditions, thereby turning potential energy waste into economic and environmental benefits.