Soluna Signs Term Sheet with Renewable Energy Leader For New Data Center Project
Portfolio Pulse from Benzinga Newsdesk
Soluna Holdings, Inc. has signed term sheets for Project Rosa, a new 187 MW data center co-located with a 240 MW wind farm in Texas, enhancing its capacity for AI and Bitcoin mining using renewable energy.
September 16, 2024 | 12:15 pm
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Soluna Holdings has signed term sheets for Project Rosa, a 187 MW data center in Texas, enhancing its capacity for AI and Bitcoin mining with renewable energy.
The signing of term sheets for Project Rosa represents a significant expansion for Soluna Holdings, increasing its data center capacity with renewable energy. This development is likely to positively impact the company's stock price in the short term as it aligns with growing trends in sustainable energy and computing.
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