Interconnection Completed at Soluna’s Project Dorothy

By: Soluna Holdings, Inc. via Business Wire

April 05, 2023 at 08:00 AM EDT

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, announced final completion of its interconnection construction at the first phase of Project Dorothy, its flagship project in Texas.

The interconnection is a critical step for the project site, which now has approval from its transmission service provider for a load of 100 MW co-located with a renewable energy power plant in Texas. The completion of the interconnection construction paves the way for the energization of the first 25 MW of the project, Project Dorothy 1A, shortly followed by 25 MW at Project Dorothy 1B. A formal submission for final approval to energize has been sent to ERCOT, the Texas grid operator.

Michael Toporek, CEO of Soluna Holdings, stated, “Finalizing the construction and testing work for our interconnection is an important milestone for Project Dorothy. The team did so in a safe and expedited manner to get us to the final step before energizing the data center. In addition, approval from our transmission services provider for a 100 MW load allows us to scale the site as construction continues for future phases.”

Soluna plans to announce its energization when approved by ERCOT.

Learn more about Project Dorothy here.

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About Soluna Holdings, Inc (SLNH)

Soluna Holdings, Inc. is the leading developer of green data centers that convert excess renewable energy into global computing resources. Soluna builds modular, scalable data centers for computing intensive, batchable applications such as Bitcoin mining, AI, and machine learning. Soluna provides a cost-effective alternative to battery storage or transmission lines. Soluna uses technology and intentional design to solve complex, real-world challenges. Up to 30% of the power of renewable energy projects can go to waste. Soluna’s data centers enable clean electricity asset owners to ‘Sell. Every. Megawatt.’