Soluna Signs Power Purchase Agreement With EDF Renewables; Set To Expand Portfolio To Unlock 166 MW Of Hosting Potential
Portfolio Pulse from Benzinga Newsdesk
Soluna Holdings, Inc. (NASDAQ: SLNH) has signed a Power Purchase Agreement (PPA) with EDF Renewables and Masdar for Project Kati, aiming to expand its portfolio and unlock 166 MW of hosting potential. This marks a significant milestone in the company's growth.
May 22, 2024 | 12:08 pm
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Soluna Holdings has signed a PPA with EDF Renewables and Masdar for Project Kati, which will expand its portfolio and unlock 166 MW of hosting potential. This is a significant growth milestone for the company.
The PPA with EDF Renewables and Masdar will enable Soluna Holdings to significantly expand its hosting capacity, which is crucial for its operations in Bitcoin mining and AI. This partnership is likely to boost investor confidence and positively impact the stock price in the short term.
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