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Engie Weighs Batteries or Bitcoin Mining to Monetize Curtailed Power at New Brazil Solar Farm

Engie is studying ways to create local demand for excess generation at Assu Sol.

Overview

  • Assu Sol, Engie's 895 MWp project in northeast Brazil, entered full commercial operation this month.
  • Engie's Brazil head said grid-ordered curtailments are reducing output and hurting the project's economics, without disclosing the affected volume.
  • Options under evaluation include installing on-site battery storage or hosting bitcoin-mining data centers to act as offtakers.
  • The company said any chosen solution would take a couple of years to implement rather than providing immediate relief.
  • Brazil's solar and wind farms have faced rising curtailments since 2023, leading to billions of reais in sector losses.