Soluna finishes Kati 1 data site

Soluna says Kati 1, an 83-megawatt South Texas data center campus, is now fully commissioned and moving into steady-state operations. (morningstar.com) The company said on April 9 that all three phases of Kati 1A, a 48-megawatt deployment for Galaxy, reached substantial completion ahead of schedule. Soluna said the facility is fully commissioned, while construction continues on Kati 1B, a separate 35-megawatt buildout that includes 12 megawatts of Cormint containers. (morningstar.com) Kati 1 sits in Willacy County, Texas, and Soluna said the campus is powered entirely by the Las Majadas wind project. In a February 10 update, the company said ERCOT had approved initial energization on February 9 and projected annual revenue of $17.3 million to $19.6 million once the 83-megawatt site ramps. (solunacomputing.com) A data center is a warehouse for computers, and the business model here is to put those computers next to a power plant instead of waiting for a traditional grid connection. Soluna told investors on March 30 that it builds “behind the meter” at renewable generation sites to use power that would otherwise be curtailed, or wasted because the grid cannot take it at that moment. (solunacomputing.com) That setup has let one Texas campus serve two fast-growing customers: Bitcoin miners and artificial-intelligence operators. Soluna said its long-term development pipeline now exceeds 4.3 gigawatts, and it is evaluating projects as either Bitcoin hosting sites or artificial-intelligence data centers. (solunacomputing.com) Kati 2 is the next step in that shift. Soluna and Metrobloks said on January 15 that they plan an initial 100-plus-megawatt artificial-intelligence and high-performance computing build at the Kati 2 campus, with a roadmap to expand beyond 300 megawatts of critical information-technology capacity. (solunacomputing.com) Soluna said this month that Kati 2 is still in development, with hyperscaler and “neocloud” tenant talks active, an engineering firm selected, and design work expected to begin in mid-April 2026. The company also said it is evaluating added on-site solar and gas generation and has signed a letter of intent for long-lead gas equipment. (morningstar.com) Texas is tightening the rules around very large new power users at the same time. ERCOT says loads of 75 megawatts or more may have to go through its Large Load Interconnection process, and a 2025 Texas law added curtailment requirements for some big data centers and crypto mines during grid emergencies. (ercot.com) (utilitydive.com) Galaxy’s role shows how quickly the line between crypto infrastructure and artificial-intelligence infrastructure is moving. When Soluna expanded its Kati deal with Galaxy in August 2025, Galaxy said it was relocating Bitcoin miners from its Helios campus as Helios shifted toward artificial-intelligence and high-performance computing use. (financialcontent.com) For Soluna, the immediate task is simpler than the pitch deck: keep Kati 1 running, finish the remaining 35 megawatts, and turn a wind-powered Bitcoin site into a larger campus that can also sell capacity to artificial-intelligence customers. (morningstar.com) (solunacomputing.com)