Soluna Partners with Siemens to Deploy 2 MW Green Data Center Pilot
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 20h ago
0mins
Source: Businesswire
- Partnership Agreement: Soluna has signed a Memorandum of Understanding with Siemens to deploy a 2 MW pilot project at Project Grace in Texas, aimed at managing power demand fluctuations for AI and high-performance computing using renewable energy, thereby enhancing energy efficiency and stability in data centers.
- Technological Innovation: The pilot will integrate Siemens' electrical infrastructure and monitoring systems, documenting performance data through a structured commissioning process to ensure stability under rapid load changes, creating a replicable blueprint for future renewable energy computing deployments.
- Market Demand Response: As AI demand accelerates, the collaboration between Soluna and Siemens addresses the power demand fluctuations caused by GPU-driven workloads, not only increasing the utilization of renewable energy but also creating a win-win situation for power providers and customers.
- Future Outlook: Both parties anticipate validating an enterprise-grade renewable computing blueprint through this collaboration, combining Siemens' proven power infrastructure with Soluna's renewable-first data center model to drive faster scaling of AI and high-performance workloads while enhancing grid stability and energy efficiency.
Analyst Views on SLNH
Wall Street analysts forecast SLNH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SLNH is USD with a low forecast of 1.00 USD and a high forecast of 1.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 1.740
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1.00
Averages
High
1.00
Current: 1.740
Low
1.00
Averages
High
1.00
About SLNH
Soluna Holdings, Inc. is a digital infrastructure company specializing in transforming surplus renewable energy into computing resources. It operates modular data centers co-located with wind, solar, and hydroelectric power plants, supporting compute-intensive applications, including bitcoin mining, generative artificial intelligence (AI), and scientific computing. Its segments include Cryptocurrency Mining, Data Center Hosting, and High-Performance Computing (HPC). Its Soluna Cloud Services business provides HPC services to support generative AI workstreams and proprietary software MaestroOS helps to energize a greener grid while delivering computing solutions and superior returns. It offers colocation and hosting services for companies seeking to train large language models (LLMs), fine-tune existing artificial intelligence models, and deploy other compute-intensive AI or HPC workloads. It also provides hosting services to third-party Bitcoin mining customers at its data centers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
