Engie considers battery storage or Bitcoin mining in Brazil

According to Reuters, Engie is considering deploying a battery storage system or building a Bitcoin mining data center at the Assu Sol solar power plant in northeastern Brazil. The goal of this plan is to minimize the negative impact of power curtailment on the project's profitability.

Since 2023, solar and wind projects in Brazil have faced increasing pressure from power curtailment due to limitations in the national grid's absorption capacity. Additionally, the rapid growth of renewable energy capacity and the significant expansion of distributed solar power have led to periods of excess supply.

In this context, integrating a battery storage system or Bitcoin mining operations could help optimize surplus electricity, improve financial efficiency, and enhance the operational flexibility of the project.