Engie Eyes Bitcoin Mining or Storage at New Brazil Solar Farm

Published at 2026-02-23 17:00:28

French utility Engie is exploring the addition of energy storage or Bitcoin mining data centers at a major new solar plant in Brazil, the company’s local head told reporters. The proposal is intended to boost margins on the project by turning intermittent solar production into a monetizable, flexible load or dispatchable supply — options the utility says could improve returns and manage curtailment. The move reflects a growing trend of utilities and developers pairing renewables with flexible demand or batteries to firm output and create new revenue streams. If enacted, Engie’s plan could attract crypto miners seeking low‑cost, renewable power (BTC) while offering grid benefits; it also raises questions about regulatory treatment and ESG optics as traditional power companies pivot toward digital infrastructure in Latin America.

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