Soluna Holdings, Inc. (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including AI and Bitcoin mining, today announced the scheduled groundbreaking of Project Kati, its largest facility to date. The ceremony will be held next Thursday, September 18, in Willacy County, Texas.
Project Kati is expected to deliver 166 megawatts (MW) of clean computing capacity in two phases, beginning with 83 MW expected to come online in early 2026. Built in partnership with EDF Renewables, Masdar, and Spring Lane Capital, the project will support both Bitcoin hosting and the rapidly growing demand for AI and high-performance computing (HPC) infrastructure.
“Breaking ground on our biggest project yet expands our Texas footprint, strengthens partnerships with leading renewable developers, and proves our colocation model of pairing high-performance computing with clean energy at utility scale,” said CEO John Belizaire.
“Project Kati showcases our ability to deliver large-scale facilities with world-class investors and positions Soluna for long-term growth across Bitcoin hosting and AI infrastructure.”
The groundbreaking will bring together community leaders, partners, and stakeholders to mark a project expected to deliver new jobs, investment, and long-term economic impact for Willacy County.
Shares in SLNH began Thursday trading advanced three cents, or 4.7% to 62 cents.
