Key Highlights

  • NASDAQ:SLNH shares rose 5.83% after Soluna completed the 83 MW Kati 1 site and raised total operating capacity to roughly 206 MW.
  • ERCOT conditionally classified the full 166 MW Kati campus, including the planned Kati 2 AI expansion, as Base Load in Batch Zero.
  • Base Load status preserves interconnection capacity and avoids further reliability evaluation or megawatt allocation in Batch Zero.
  • Kati 1 was delivered on schedule and on budget; Kati 2 will add 83 MW for AI and high-performance computing behind the meter.

Kati 1 Fully Energized

Soluna Holdings (NASDAQ:SLNH) shares rose 5.83% after the company announced it had energized the final 14 MW at Project Kati 1, completing the 83 MW first phase of the site and raising Soluna's total operating capacity to approximately 206 MW. The company said Kati 1 was delivered on schedule and on budget.

Conditional ERCOT Base Load Classification

Alongside the completion of Kati 1, ERCOT conditionally classified the full 166 MW Kati campus, including the planned Kati 2 AI expansion, as Base Load within its Batch Zero process. Base Load status preserves the site's interconnection capacity and avoids the need for further reliability evaluation or additional megawatt allocation within Batch Zero.

The classification remains conditional pending ERCOT verification. Soluna said it is participating in that process and expects confirmation of the full 166 MW allocation.

Kati 2 and Behind-the-Meter AI Capacity

The next phase, Kati 2, is planned to add a further 83 MW dedicated to AI and high-performance computing workloads served behind the meter, building on the operational base now established at Kati 1 and extending Soluna's broader data-center capacity buildout in ERCOT territory.

Q1. Why did Soluna stock rise today?

Soluna energized the final 14 MW at Project Kati 1, completing the 83 MW site, and secured conditional ERCOT Base Load classification for the full 166 MW Kati campus.

Q2. What does Base Load classification mean for Soluna?

It preserves the site's interconnection capacity and avoids further reliability evaluation or megawatt allocation within ERCOT's Batch Zero process, though the classification is still conditional pending ERCOT verification.

Q3. What is Kati 2?

Kati 2 is the next phase of the campus, planned to add 83 MW of capacity for AI and high-performance computing served behind the meter.