Soluna Holdings Reveals Project Dorothy’s Energization is Imminent

By Amit Chowdhry • Mar 25, 2023

Soluna Holdings, Inc. (NASDAQ: SLNH) announced that the final phase of its substation interconnection work has begun, which is expected to be done by the end of March, 2023.

Following the completion of the substation work, the final testing on all power infrastructure will commence. And assuming ERCOT’s final approval, Dorothy 1A is expected to stay on track to be energized the first week of April.

Project Dorothy is anticipated to be one of the lowest-cost facilities of its kind in North America. And the project is named after Dorothy Vaughan, an African American mathematician and “human computer” who worked for the National Advisory Committee for Aeronautics and NASA in 1939. Learn more about the logistics of this facility here.

KEY QUOTE:

“Following the recent announcement of Soluna’s funding from Spring Lane Capital, we have been able to mobilize our teams to keep on course to energize the first phase of Project Dorothy as safely and quickly as possible to bring value to our investors, shareholders, and partners.”

— John Belizaire, CEO of Soluna Computing