{"id":838576,"date":"2025-04-17T08:48:24","date_gmt":"2025-04-17T12:48:24","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/soluna-to-expand-renewable-powered-ai-bitcoin-computing-with-new-100mw-site\/"},"modified":"2025-04-17T08:48:24","modified_gmt":"2025-04-17T12:48:24","slug":"soluna-to-expand-renewable-powered-ai-bitcoin-computing-with-new-100mw-site","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/soluna-to-expand-renewable-powered-ai-bitcoin-computing-with-new-100mw-site\/","title":{"rendered":"Soluna to Expand Renewable-Powered AI & Bitcoin Computing With New 100MW Site"},"content":{"rendered":"

<\/p>\n

Soluna to Expand Renewable-Powered AI & Bitcoin Computing With New 100MW Site<\/b><\/p>\n

\nProject Ellen to Tap Texas Wind for Data Centers\n<\/p>\n

ALBANY, N.Y.–(BUSINESS WIRE<\/a>)–
\nSoluna Holdings, Inc. (\u201cSoluna\u201d or the \u201cCompany\u201d), (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, announced today that it has signed a term sheet for power for Project Ellen, a new 100MW data center co-located with a 145MW wind farm in South Texas.\n<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250417363812\/en\/<\/a><\/p>\n

\"Soluna<\/p>\n

Soluna to Expand Renewable-Powered AI & Bitcoin Computing With 100MW Project Ellen<\/p>\n<\/div>\n

\nThe wind farm is owned by a new power partner\u2014a leader in renewable energy and sustainable infrastructure in the U.S. and internationally.\n<\/p>\n

\nThis agreement marks another step forward in Soluna\u2019s mission to scale renewable-powered AI, high performance computing (HPC), and Bitcoin mining while optimizing grid stability.\n<\/p>\n

\nProject Ellen will be developed in two 50MW phases, leveraging wind energy to drive sustainable computing at scale.\n<\/p>\n

\n\u201cWith Project Ellen, we continue to prove that computing can be a powerful driver for renewable energy adoption,\u201d said John Belizaire, CEO of Soluna Holdings. \u201cThis expansion in Texas reinforces our commitment to solving the challenge of underutilized green power while providing the infrastructure needed for the future of Bitcoin and AI.\u201d\n<\/p>\n

\nWith Project Ellen, Soluna is expected to have over 698MW of data center capacity in operation, construction, or development.\n<\/p>\n\n\n\n\n\n\n\n\n\n\n\n
\n

\nProject\n<\/p>\n<\/td>\n

\n

\nLocation\n<\/p>\n<\/td>\n

\n

\nPower
\n
Source\n<\/p>\n<\/td>\n

\n

\nSize
\n
(MW)\n<\/p>\n<\/td>\n

\n

\nModel\n<\/p>\n<\/td>\n

\n

\nStatus\n<\/p>\n<\/td>\n<\/tr>\n

\n

Dorothy 1A<\/b><\/p>\n<\/td>\n

\n

\nTX\n<\/p>\n<\/td>\n

\n

\nWind\n<\/p>\n<\/td>\n

\n

\n25\n<\/p>\n<\/td>\n

\n

\nBTC Hosting\n<\/p>\n<\/td>\n

\n

\nOperating\n<\/p>\n<\/td>\n<\/tr>\n

\n

Dorothy 1B<\/b><\/p>\n<\/td>\n

\n

\nTX\n<\/p>\n<\/td>\n

\n

\nWind\n<\/p>\n<\/td>\n

\n

\n25\n<\/p>\n<\/td>\n

\n

\nBTC Mining\n<\/p>\n<\/td>\n

\n

\nOperating\n<\/p>\n<\/td>\n<\/tr>\n

\n

Sophie<\/b><\/p>\n<\/td>\n

\n

\nKY\n<\/p>\n<\/td>\n

\n

\nGrid\n<\/p>\n<\/td>\n

\n

\n25\n<\/p>\n<\/td>\n

\n

\nBTC Hosting\n<\/p>\n<\/td>\n

\n

\nOperating\n<\/p>\n<\/td>\n<\/tr>\n

\n

Dorothy 2<\/b><\/p>\n<\/td>\n

\n

\nTX\n<\/p>\n<\/td>\n

\n

\nWind\n<\/p>\n<\/td>\n

\n

\n48\n<\/p>\n<\/td>\n

\n

\nBTC Hosting\n<\/p>\n<\/td>\n

\n

\nConstruction\n<\/p>\n<\/td>\n<\/tr>\n

\n

Grace<\/b><\/p>\n<\/td>\n

\n

\nTX\n<\/p>\n<\/td>\n

\n

\nWind\n<\/p>\n<\/td>\n

\n

\n2\n<\/p>\n<\/td>\n

\n

\nAI Hosting\/Cloud\n<\/p>\n<\/td>\n

\n

\nDevelopment\n<\/p>\n<\/td>\n<\/tr>\n

\n

Kati<\/b><\/p>\n<\/td>\n

\n

\nTX\n<\/p>\n<\/td>\n

\n

\nWind\n<\/p>\n<\/td>\n

\n

\n166\n<\/p>\n<\/td>\n

\n

\nBTC Hosting \/ AI or HPC\n<\/p>\n<\/td>\n

\n

\nShovel Ready\n<\/p>\n<\/td>\n<\/tr>\n

\n

Rosa<\/b><\/p>\n<\/td>\n

\n

\nTX\n<\/p>\n<\/td>\n

\n

\nWind\n<\/p>\n<\/td>\n

\n

\n187\n<\/p>\n<\/td>\n

\n

\nBTC Hosting \/ AI or HPC\n<\/p>\n<\/td>\n

\n

\nDevelopment\n<\/p>\n<\/td>\n<\/tr>\n

\n

Hedy<\/b><\/p>\n<\/td>\n

\n

\nTX\n<\/p>\n<\/td>\n

\n

\nWind\n<\/p>\n<\/td>\n

\n

\n120\n<\/p>\n<\/td>\n

\n

\nBTC Hosting \/ AI or HPC\n<\/p>\n<\/td>\n

\n

\nDevelopment\n<\/p>\n<\/td>\n<\/tr>\n

\n

Ellen<\/b><\/p>\n<\/td>\n

\n

\nTX\n<\/p>\n<\/td>\n

\n

\nWind\n<\/p>\n<\/td>\n

\n

\n100\n<\/p>\n<\/td>\n

\n

\nBTC Hosting \/ AI or HPC\n<\/p>\n<\/td>\n

\n

\nDevelopment\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

\nAs part of Soluna\u2019s tradition of naming projects after women pioneers in science and technology, Project Ellen is named after Ellen Ochoa, the first Hispanic woman to travel to space and a trailblazer in aerospace engineering.\n<\/p>\n

\nWith Project Ellen, Soluna advances its mission of utilizing excess renewable energy for scalable, low-cost computing solutions. The company will now focus on completing definitive power purchase agreements, land agreements, and ERCOT planning.\n<\/p>\n

\nFor more information, visit www.solunacomputing.com<\/a>.\n<\/p>\n

Safe Harbor Statement
\n
<\/b>This announcement contains forward-looking statements. These statements are made under the \u201csafe harbor\u201d provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as \u201cwill,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201cfuture,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cbelieves,\u201d \u201cestimates,\u201d \u201cconfident\u201d and similar statements. Other examples of forward-looking statements may include, but are not limited to, statements of Soluna\u2019s plans and objectives, including with respect to the development of Project Ellen and our expectations with respect to the amount of renewable energy capacity Project Ellen will deliver. Soluna may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (\u201cSEC\u201d), 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\u2019s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, further information regarding which is included in the Company\u2019s filings with the SEC. All information provided in this press release is as of the date of the press release, and Soluna Holdings, Inc. undertakes no duty to update such information, except as required under applicable law.\n<\/p>\n

About Soluna Holdings, Inc. (Nasdaq: SLNH)
\n
<\/b>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\u2019s 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\u2019s proprietary software MaestroOS(\u2122) helps energize a greener grid while delivering cost-effective and sustainable computing solutions and superior returns. To learn more, visit solunacomputing.com<\/a> and follow us on:\n<\/p>\n

\nLinkedIn: https:\/\/www.linkedin.com\/company\/solunaholdings\/
\n<\/a>
X (formerly Twitter): x.com\/solunaholdings
\n<\/a>
YouTube: youtube.com\/c\/solunacomputing
\n<\/a>
Newsletter: bit.ly\/solunasubscribe
\n<\/a>
Resource Center: solunacomputing.com\/resources<\/a><\/p>\n

\nSoluna 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.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250417363812\/en\/<\/a><\/span><\/p>\n

\nCybele Ramirez
\n
Director, Marketing
\n
Soluna Holdings, Inc.
\n
ir@soluna.io<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Texas New York<\/p>\n

INDUSTRY KEYWORDS:<\/b> Technology Professional Services Alternative Energy Software Energy Networks Cryptocurrency Data Management Artificial Intelligence<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Photo<\/b><\/font><\/td>\n<\/tr>\n
\"Photo\"<\/td>\n<\/tr>\n
Soluna to Expand Renewable-Powered AI & Bitcoin Computing With 100MW Project Ellen<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Soluna to Expand Renewable-Powered AI & Bitcoin Computing With New 100MW Site Project Ellen to Tap Texas Wind for Data Centers ALBANY, N.Y.–(BUSINESS WIRE)– Soluna Holdings, Inc. (\u201cSoluna\u201d or the \u201cCompany\u201d), (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, announced today that it has signed a term sheet for power for Project Ellen, a new 100MW data center co-located with a 145MW wind farm in South Texas. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250417363812\/en\/ Soluna to Expand Renewable-Powered AI & Bitcoin Computing With 100MW Project Ellen The wind farm is owned by a new power partner\u2014a leader in renewable energy and sustainable infrastructure in the U.S. and … <\/p>\n

Continue reading “Soluna to Expand Renewable-Powered AI & Bitcoin Computing With New 100MW Site”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-838576","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSoluna to Expand Renewable-Powered AI & Bitcoin Computing With New 100MW Site - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/soluna-to-expand-renewable-powered-ai-bitcoin-computing-with-new-100mw-site\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Soluna to Expand Renewable-Powered AI & Bitcoin Computing With New 100MW Site - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Soluna to Expand Renewable-Powered AI & Bitcoin Computing With New 100MW Site Project Ellen to Tap Texas Wind for Data Centers ALBANY, N.Y.–(BUSINESS WIRE)– Soluna Holdings, Inc. (\u201cSoluna\u201d or the \u201cCompany\u201d), (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, announced today that it has signed a term sheet for power for Project Ellen, a new 100MW data center co-located with a 145MW wind farm in South Texas. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250417363812\/en\/ Soluna to Expand Renewable-Powered AI & Bitcoin Computing With 100MW Project Ellen The wind farm is owned by a new power partner\u2014a leader in renewable energy and sustainable infrastructure in the U.S. and … Continue reading "Soluna to Expand Renewable-Powered AI & Bitcoin Computing With New 100MW Site"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/soluna-to-expand-renewable-powered-ai-bitcoin-computing-with-new-100mw-site\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-17T12:48:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20250417363812\/en\/2441674\/4\/Project_Ellen_Hero.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/soluna-to-expand-renewable-powered-ai-bitcoin-computing-with-new-100mw-site\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/soluna-to-expand-renewable-powered-ai-bitcoin-computing-with-new-100mw-site\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Soluna to Expand Renewable-Powered AI & Bitcoin Computing With New 100MW Site\",\"datePublished\":\"2025-04-17T12:48:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/soluna-to-expand-renewable-powered-ai-bitcoin-computing-with-new-100mw-site\\\/\"},\"wordCount\":845,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/soluna-to-expand-renewable-powered-ai-bitcoin-computing-with-new-100mw-site\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20250417363812\\\/en\\\/2441674\\\/4\\\/Project_Ellen_Hero.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/soluna-to-expand-renewable-powered-ai-bitcoin-computing-with-new-100mw-site\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/soluna-to-expand-renewable-powered-ai-bitcoin-computing-with-new-100mw-site\\\/\",\"name\":\"Soluna to Expand Renewable-Powered AI & Bitcoin Computing With New 100MW Site - 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(\u201cSoluna\u201d or the \u201cCompany\u201d), (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, announced today that it has signed a term sheet for power for Project Ellen, a new 100MW data center co-located with a 145MW wind farm in South Texas. This press release features multimedia. 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