Soluna has acquired land in Texas to develop Project Kati, a new campus with 166MW capacity for Bitcoin mining and AI. Construction will occur in two 83MW phases, expected to be operational by 2026 and 2027. The project will receive power from the Las Majadas Wind Project and aims to expand sustainable infrastructure.
Soluna, a firm specialising in crypto and AI data centres, has announced the acquisition of land in Texas to establish a new campus, named Project Kati. This project aims to offer a total of 166 megawatts (MW), facilitating both Bitcoin mining and artificial intelligence (AI) operations. Construction will occur in two phases, each consisting of 83MW.
While specific timelines were not disclosed, Soluna’s investor presentation indicates that phase I is expected to be operational by 2026, followed by phase II in 2027. The project will collaborate with EDF Renewables and Masdar under a power purchase agreement (PPA) that will ensure the Kati facility receives energy from the 273MW Las Majadas Wind Project, which has been operating since 2021 in southern Texas.
John Belizaire, CEO of Soluna, highlighted that securing the land marks a significant step towards the project’s construction, investment, and innovation phases. He believes that Project Kati will form a critical element of the company’s strategy to expand sustainable Bitcoin mining and AI infrastructure.
Soluna plans to invite bids from potential investors and partners for the cryptomine data centre, concurrently pursuing discussions with other stakeholders for co-developing an AI or high-performance computing (HPC) facility at the location. A site evaluation has already verified the campus’s appropriate implementation for high-performance computing and AI functionalities.
The project is named in honour of Katalin “Kati” Karikó, the renowned Hungarian scientist instrumental in the development of mRNA-based therapies and modern vaccines. Soluna operates modular data centres at renewable energy sites tailored for mining or AI hardware, alongside offering its cloud services.
In addition to Project Kati, Soluna is active in developing various sites, including the 187MW Project Rosa and several others in Texas, as well as a 25MW facility in Kentucky. Overall, the company envisions hosting a total capacity of 479MW across seven sites and boasts a long-term project pipeline of 19 initiatives aiming to achieve up to 2.6 gigawatts (GW) of capacity.
Previously owned facilities in Kentucky and Washington were exited in 2022 and 2023, respectively. In January, Soluna entered into a one-year contract with IT provider Atlas Cloud, which includes deploying sixty-four Nvidia H100 SXM GPUs as part of the deal, designed to support AI video processing workloads.
