- Soluna Holdings (SLNH, Financial) to expand computing capacity with 100MW Project Ellen.
- Project Ellen will be developed alongside a 145MW wind farm in South Texas.
- The expansion aims to boost AI, Bitcoin mining, and HPC with renewable energy.
Soluna Holdings Inc. (SLNH), a leader in renewable-powered computing, has announced the signing of a term sheet for Project Ellen. This ambitious project involves the development of a 100MW data center, strategically co-located with a 145MW wind farm in South Texas. The project is set to be completed in two phases of 50MW each.
Project Ellen is part of Soluna's strategic partnership with a renowned renewable energy provider. This collaboration is aligned with Soluna's mission to enhance grid stability while expanding its renewable-powered computing capabilities. The completion of Project Ellen will increase Soluna's total data center capacity to over 698MW across various projects currently in operation, construction, or development.
Currently, Soluna operates three facilities: Dorothy 1A, Dorothy 1B (both in Texas), and Sophie (in Kentucky). These facilities use renewable energy primarily for Bitcoin hosting and mining applications. Project Ellen will further support Bitcoin hosting, and High Performance Computing (HPC) applications driven by wind energy.
Project Ellen is named to honor Ellen Ochoa, the first Hispanic woman in space and a pioneer in aerospace engineering. Soluna's move reflects a broader industry trend of utilizing surplus renewable energy for data-intensive computing, aiming to meet the growing demand for green data centers in both AI and Bitcoin sectors.
