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United States Procurement News Notice - 67481


Procurement News Notice

PNN 67481
Work Detail Project will power Soluna Holdings renewable computing data centre, which will be co-located at the site Green data centre developer Soluna Holdings has signed a definitive PPA for Project Kati with EDF Renewables and Masdar. Project Kati is Soluna’s second renewable computing data centre project in Texas. It will be co-located at a wind facility owned by EDF Renewables and Masdar. Project Kati will be executed in two phases, with each phase delivering 83MW of renewable energy capacity to power high-performance computing applications including AI. Upon completion, the project is poised to unlock up to 166MW of new hosting and joint venture potential, a testament to the companys dedication to innovation and growth, Soluna said. The upcoming phases of the project will focus on securing land leases and navigating ERCOT planning requirements, crucial steps in the development process. With the signing of the PPA, Soluna solidifies its ownership of the project, positioning it strategically in the renewable energy market, the company said. This partnership reaffirms Soluna’s position as a formidable player in the renewable energy sector and underscores the companys commitment to expanding its footprint and contributing to a sustainable future, it added. John Belizaire, chief executive of Soluna Holdings, said: "This milestone demonstrates our growth and momentum in shovel-ready projects and highlights our commitment to sustainable energy solutions. "We are excited about the opportunities this project presents, not only in expanding our Assets Under Management but also in contributing to advancements in AI technology." Soluna continues its tradition of naming its data centre after women scientists who help catalyze major innovation. Project Kati is named after Kati Kariko, a Hungarian scientist who was instrumental in the development of mRNA-based protein therapies.
Country United States , Northern America
Industry Energy & Power
Entry Date 23 May 2024
Source https://renews.biz/93350/edf-masdar-sign-ppa-for-166mw-texan-wind-farm/

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