Soluna Holdings Inc., a developer of green data centers, has announced a significant new contract and order expansion at its Project Dorothy 2 site. The company has secured $20 million from Spring Lane Capital to initiate Project Kati 1, scheduled to begin construction in Q3 2025, with Spring Lane supporting up to $100 million across Soluna's pipeline. Additionally, Soluna has completed a contract renewal and expansion with Compass Mining, resulting in a total deployment of approximately 13 megawatts of computing capacity across Project Dorothy 1 and 2. Furthermore, Blockware has expanded its presence at Project Dorothy 2 by adding 3 megawatts of hosting capacity, bringing its total to 8 megawatts at the Texas data center. These expansions highlight Soluna's strategic growth and commitment to sustainable computing solutions.
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