Sangha Renewables officially broke into the 19.9 megawatt (MW) Bitcoin mining facility in West Texas, marking a notable step in its mission to integrate sustainable electricity with digital asset infrastructure, according to a recent press release sent to Bitcoin Magazine. Sangha also announced that it would raise $14 million with its $17 million target, helping to realize its vision of renewable Bitcoin mining.
The behind-the-scenes facility, developed in collaboration with independent power producers (IPPs), is located at an established solar energy site. Sangha’s projects are designed to convert underutilized renewable assets into high-yield Bitcoin generation businesses, providing “optimized power monetization and attractive Bitcoin-assisted returns for investors.”
“Sanga is not just building a Bitcoin mining site, it is building a new model of how capital flows inside and outside of Bitcoin,” said Spencer Marr, co-founder and CEO of Sangha Renewables. “We apply a polished project finance structure in the renewable energy and real estate sectors, allowing investors to participate directly in production assets, speculative equities, or production assets with efficient hosting in data centers.
Under the Offtake agreement, Sangha will purchase 19.9 MW of power directly from the IPP. The solar site is affected by grid congestion and negative energy pricing, making it ideal fit for Sangha’s load balancing model. “It’s a win-win,” added Ma. “IPP earns more than per megawatt hour, and investors are exposed to low-cost Bitcoin production, providing grid stabilization loads wherever they need it most.”
The project is expected to launch operations in the third quarter of 2025, and according to the company, it will provide one of the lowest electricity costs in North America. Sangha’s model is supported by smart site selection, transparent capital structure and regulatory insights.
The facility represents the next chapter of Sanga’s proof of concept and founder pivots from Sanga Systems to Sanga’s renewable energy, highlighting its commitment to sustainable, scalable and investor-lined Bitcoin infrastructure.
This post Sangha Renewables has launched a 20 MW Bitcoin mining facility powered by Solar Energy. It first appeared in Bitcoin Magazine and is written by Jenna Montgomery.
