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Soluna Enhances Texas Footprint with New 120MW Wind-Driven Data Center Initiative

Soluna Enhances Texas Footprint with New 120MW Wind-Driven Data Center Initiative

Soluna Holdings has signed a term sheet for Project Hedy, a new 120 MW data center co-located with a 200 MW wind farm in South Texas. The project, developed in partnership with a multinational conglomerate focused on sustainable infrastructure, will be built in two 60 MW phases to power Bitcoin mining, AI, and machine learning workloads.

Project Hedy will support grid stability in ERCOT and is expected to bring Soluna’s total data center capacity to 598 MW in operation, construction, or development. The company currently operates multiple facilities including Dorothy 1A and 1B (25 MW each), Sophie (25 MW), with additional projects under construction like Dorothy 2 (48 MW) and others in development including Grace, Kati, and Rosa.

“This is another step forward in proving that flexible, large-scale computing can help renewable energy assets reach their full potential,” said John Belizaire, CEO of Soluna Holdings, Inc. “We’re excited to partner with and leverage the exceptional wind resources of Cameron County to power sustainable AI and Bitcoin mining at scale.”

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About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.