“Decisions around where data centers get built have shifted dramatically over the last six months, with access to power now playing the most significant role in location scouting,” Joshi said. “The grid can’t keep pace with AI demands, so the industry is taking control with onsite power generation.”
Soluna, like other data center developers looking to rely on renewable energy, buys the excess power from wind, hydro, and solar plants that they can’t sell to the grid. By the end of the year, Soluna will have three facilities totaling 123 megawatts of capacity in Kentucky and Texas and seven projects in the works with upwards of 800 total megawatts.
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