French Energy Giant Engie Eyes Bitcoin Mining at Brazil Mega Solar Project
Engie is considering battery storage or Bitcoin mining at its Brazilian solar plant to offset curtailment losses.Summary
French utility giant Engie is exploring options like battery storage systems or Bitcoin mining data centers for its new 895-megawatt-peak Assu Sol solar plant in Brazil to manage revenue losses caused by grid-imposed curtailments. Curtailment has become a significant issue for Brazilian renewable operators due to excess supply colliding with transmission bottlenecks and slow demand growth. Engie's country manager, Eduardo Sattamini, noted that while they are evaluating these potential "offtakers" to monetize stranded power, any implementation would take several years. The article also notes a broader industry trend where many Bitcoin miners are pivoting their infrastructure toward AI compute services as margins tighten.
(Source：Bitcoin Magazine)