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Soluna Holdings (NASDAQ: SLNH) builds modular data centers that are physically co-located at wind, solar, and hydro power plants, converting otherwise curtailed renewable electricity into computing power for Bitcoin mining, AI/HPC workloads, and its own “Soluna Cloud” GPU service. As of early 2026 the company operates or is bringing online sites in West Texas (Project Dorothy 1A, 1B, and 2, near a wind farm in ERCOT West), a hydro-powered facility in Murray, Kentucky (Project Sophie), and a large new campus in Willacy County, Texas (Project Kati 1, described by the company as its largest operational site to date, energized in early 2026). Soluna’s differentiator is its “behind-the-meter” model: rather than building near major metros, it sites facilities directly at renewable generation assets to soak up excess power, and it says its infrastructure supports high power density (over 60 kW, and up to 250 kW per rack in some configurations) for GPU, ASIC, and FPGA hosting alongside Bitcoin mining. The company has publicly discussed a growing pipeline — reported at over 1 GW in 2025 and around 6.3 GW by mid-2026 — spanning further Texas sites (Gladys, Fei, Rosa, Annie, Ellen, Hedy, Kati 2, Dorothy 3) in various stages of development.
Soluna operates as an AI cloud provider and colocation provider, with facilities at the following locations:
FACILITY OPERATOR
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Soluna hosts third-party Bitcoin mining and AI/HPC hardware at its renewable-powered facilities (a colocation/hosting service) and also offers its own "Soluna Cloud" GPU compute service for AI workloads.
Soluna's operating or newly energized sites are concentrated in Texas — including Project Dorothy 1A, 1B, and 2 near Silverton in West Texas, and Project Kati 1 in Willacy County — plus a hydro-powered facility, Project Sophie, in Murray, Kentucky.
According to Data Center Knowledge, Soluna's Project Kati 1 phase supports Bitcoin hosting alongside AI and HPC infrastructure, and the company's site describes its designs as supporting GPU, ASIC, and FPGA hosting at high power density.
Soluna announced surpassing 1 GW of clean computing capacity in operation, construction, or development in 2025, and the company reported a 6.3 GW pipeline in its Q2 2026 investor update.
Soluna is classified as a colocation provider among other services it offers — we can't confirm which specific facilities provide colocation services. Please contact Soluna directly to confirm colocation availability.
Soluna is classified as a cloud provider among other services it offers — we can't confirm which specific facilities provide cloud services. Please contact Soluna directly to confirm cloud availability.
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