Soluna (NASDAQ:SLNH) (NASDAQ: SLNH) is a renewable energy infrastructure and high-performance computing company that develops and operates modular data centers powered by clean energy. The company’s core business centers on integrating wind and solar resources with purpose-built computing facilities designed to support intensive workloads such as cryptocurrency mining, artificial intelligence, machine learning, and big data analytics. By co-locating data centers at renewable energy sites, Soluna aims to optimize power utilization, reduce curtailment of intermittent energy, and deliver flexible computing capacity to a diverse range of customers.
Founded in 2008 and incorporated in Delaware in 2013, Soluna has built proprietary modular containers that house computing hardware capable of rapid deployment and scale‐up. These rack‐level units are engineered for efficient cooling and energy management, enabling the company to achieve high utilization rates. Soluna’s technology roadmap includes further development of dynamic load-balancing software and edge computing capabilities, positioning the firm to serve emerging applications in decentralized finance, blockchain validation, and other compute-intensive industries.
The company’s inaugural utility‐scale project is located in Foum el Oued, Morocco, where Soluna operates a wind farm paired with data center modules to capture surplus power. This pilot facility demonstrates the feasibility of combining renewable generation with digital infrastructure in regions with underutilized energy assets. In addition to North Africa, Soluna is evaluating opportunities across North America, Europe, and the Middle East, targeting sites with favorable regulatory frameworks and robust grid interconnections.
Soluna is led by founder and Chief Executive Officer Moshe Cohen, whose background includes energy project development and power trading, and Chief Technology Officer Thomas Tountas, a specialist in high-performance computing systems. The management team also features finance and operations executives with experience in renewable energy finance, data center engineering, and international project execution. Together, they guide Soluna’s mission to deliver sustainable, on‐demand computing powered by clean energy.
