Soluna Holdings, Inc. (NASDAQ: SLNH) reported operational updates for its green data center projects in March 2026, according to a company statement.

The company achieved substantial completion of all three phases of its K1A Galaxy facility at Project Kati 1, finishing ahead of schedule. The 48-megawatt facility has been commissioned and is transitioning to steady-state operations. Construction continues on the remaining K1B portion, with Cormint containers being installed for 12 MW capacity and additional Soluna modular data centers planned for 23 MW.

Soluna's existing facilities maintained strong performance during the month. Project Dorothy 2 operated at full capacity with minimal curtailment, while Project Sophie also ran at full capacity. Project Dorothy 1A experienced some equipment issues due to transformer repairs affecting two modular data centers, which are expected to return to service in April.

The company named KPMG, LLP as its new independent registered public accounting firm for fiscal year 2026. Soluna's development pipeline reached 4.3 gigawatts, driven by partnerships with Independent Power Producers across multiple U.S. grid operators.

For Project Kati 2, an AI and high-performance computing facility under development, Soluna selected an architectural and engineering firm following a competitive process. Design work is scheduled to begin in mid-April 2026. The company signed a letter of intent for long-lead gas generation equipment and continues evaluating additional power generation options including solar.

Soluna develops data centers co-located with renewable energy sources for Bitcoin mining and artificial intelligence applications.