Soluna Begins Energization of Project Kati 1, adding 83 MWs to Total Capacity
MWN-AI** Summary
Soluna Holdings, Inc. (NASDAQ: SLNH) has announced a significant advancement in its renewable energy initiatives with the start of energization for its Project Kati 1, an 83 MW wind-powered data center in South Texas focused on Bitcoin mining. The project has been approved by ERCOT and is designed to enhance the company's compute capacity, pushing it beyond 200 MW for the first time.
Project Kati will be executed in phases, with Kati 1A (48 MW) anticipated to be fully operational by early Q2 2026 and Kati 1B (35 MW) expected to come online by the end of Q3 2026. In a unique partnership, Kati 1B will also feature a 12 MW deployment with Cormint, which will facilitate the efficient installation of modular data center units, minimizing labor requirements and accelerating project timelines.
This milestone is poised to support Soluna's mission of sustainable and green data solutions, highlighting its commitment to Renewable Computing. CEO John Belizaire emphasized that this project not only enhances their operational capacity by over 67% but also broadens their capacity to serve various customers through their "Relentless Stewardship" Bitcoin Hosting platform.
Project Kati 1 is powered by the Las Majadas wind energy project and will generate projected annual revenues between $17.3 million and $19.6 million, with a hashrate capacity of 3.5 EH/s. This venture exemplifies Soluna's strategy of integrating cutting-edge technology with environmental sustainability, reinforcing its role in the growing intersection of renewable energy and computing.
For more details, stakeholders can explore additional information and updates on Soluna's projects through their official website and public communications.
MWN-AI** Analysis
Soluna Holdings, Inc. (NASDAQ: SLNH) has made a significant advancement in its growth and operational capacity with the announcement of the energization of Project Kati 1, which adds 83 MWs to its total capacity, pushing it beyond 200 MW. As Soluna seeks to optimize its green data center capabilities, this project is strategically poised to enhance its ability to cater to the increasing demand for Bitcoin mining and AI applications.
The phased commissioning of Project Kati is expected to unfold in two segments: Kati 1A (48 MW), scheduled to be fully operational by early Q2 2026, and Kati 1B (35 MW), expected to be completed by the end of Q3 2026. Notably, the project is powered entirely by renewable wind energy, which aligns with environmental sustainability goals and reflects a growing trend in the industry towards green computing solutions.
From an investment perspective, this development can be seen as a pivotal catalyst for Soluna. The anticipated annual revenue from Project Kati is projected to be between $17.3 million and $19.6 million, suggesting a robust return on investment that may appeal to both current and potential stakeholders. Furthermore, the increase in hashrate capacity to 3.5 EH/s enables Soluna to attract larger industrial compute workloads, thus positioning the company favorably against its competitors in the rapidly evolving data center market.
Investors should closely monitor Soluna’s operational milestones and market dynamics surrounding renewable energy. Given the forward-looking statements and growth projections, the company may present a compelling case for long-term growth in a sector increasingly driven by sustainability and technological advancement. As such, a positive outlook on Soluna's stock is justified, provided it continues to deliver on its growth strategy and operational efficiencies.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Milestone pushes available compute capacity beyond 200 MW
Soluna Holdings, Inc. (“Soluna” or the “Company”) (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, today announced that it has received ERCOT approval to begin the initial energizing and phased commissioning of Project Kati 1 on schedule.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260210945150/en/
Soluna Begins Energization of Project Kati 1
Project Kati is Soluna’s 83 MW wind-powered data center campus in South Texas dedicated to Bitcoin mining. The energization will be split between Kati 1A, 48 MW, coming online in three phases and expected to be fully ramped by early Q2, and Kati 1B, 35 MW, following the three-phase approach and expected to be completed by the end of Q3. Kati 1B includes a 12 MW deployment with Cormint, where the company will design, procure, and deliver eight modular data center units to enable efficient deployment by minimizing on-site labor and accelerating energization timelines. Powered entirely by the Las Majadas wind energy project , Project Kati represents one of Soluna’s largest sites to date and is designed to scale efficiently to support large industrial compute workloads.
“This is a major milestone for project Kati 1, and a clear demonstration of our blueprint for Renewable Computing at scale,” said John Belizaire, CEO of Soluna. “Energization of this site represents an increase of more than 67 percent in our total capacity, expanding the number of customers we can serve with our signature Relentless Stewardship Bitcoin Hosting platform.”
Summary of Facts on Project Kati 1:
- Total Size: 83MW
- Phases: Kati 1A, 48MW expected to be complete by early Q2 and Kati 1B, 35MW expected to be complete by end of Q3
- Date of Initial Energization: 2/9/2026
- Anticipated Annual Revenue: $17.3 – $19.6mm
- Estimated Date of Completion: Q4
- Hashrate Capacity (projected): 3.5 EH/s
- Primary power source: Wind
- Location: Willacy County, Texas
More information on Project Kati and Soluna’s data center projects is available at www.solunacomputing.com .
Safe Harbor Statement by Soluna
This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include all statements, other than statements of historical fact, regarding our current views and assumptions with respect to future events regarding our business, our expectations with respect to the energization of Project Kati, and other statements that are predictive in nature. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident,” and similar statements. Soluna may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”), in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including but not limited to statements about Soluna’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, further information regarding which is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of the press release, and Soluna undertakes no duty to update such information, except as required under applicable law.
About Soluna Holdings, Inc. (Nasdaq: SLNH)
Soluna is on a mission to make renewable energy a global superpower, using computing as a catalyst. The Company designs, develops, and operates digital infrastructure that transforms surplus renewable energy into global computing resources. Soluna’s pioneering data centers are strategically co-located with wind, solar, or hydroelectric power plants to support high-performance computing applications, including Bitcoin Mining, Generative AI, and other compute-intensive applications. Soluna’s proprietary software MaestroOS(™) helps energize a greener grid while delivering cost-effective and sustainable computing solutions and superior returns. To learn more, visit solunacomputing.com and follow us on:
- LinkedIn: https://www.linkedin.com/company/solunaholdings/
- X (formerly Twitter): http://x.com/solunaholdings
- YouTube: http://youtube.com/c/solunacomputing
- Newsletter: http://bit.ly/solunasubscribe
- Resource Center: http://solunacomputing.com/resources
Soluna regularly posts important information on its website and encourages investors and potential investors to consult the Soluna investor relations and investor resources sections of its website regularly.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260210945150/en/
Public Relations
West of Fairfax for Soluna
Soluna@westof.co
FAQ**
How does Soluna Holdings Inc. SLNH plan to ensure the long-term sustainability and efficiency of Project Kati 1 in the rapidly evolving market of Bitcoin mining and AI applications?
What specific competitive advantages does Soluna Holdings Inc. SLNH have in utilizing wind energy for Project Kati 1 compared to traditional energy sources in the data center industry?
Given the estimated annual revenue of $17.3 – $19.6 million for Project Kati 1, what steps will Soluna Holdings Inc. SLNH take to achieve and possibly exceed these revenue projections?
How does the completion of Project Kati 1 contribute to Soluna Holdings Inc. SLNH's overall strategy for renewable energy integration within their data center operations?
**MWN-AI FAQ is based on asking OpenAI questions about Soluna Holdings Inc. (NASDAQ: SLNH).
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