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May 19, 2026
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Engie explores Bitcoin mining, energy storage at Brazil solar farm

Banking giant Intesa Sanapolo discloses $100 million bitcoin ETF holdings, along with Strategy hedge

Engie is exploring the potential for energy storage or Bitcoin mining at its solar farm in Brazil as a strategy to address the curtailment issues arising from the country’s strained grid infrastructure. The rapid expansion of renewable energy sources in Brazil has led to significant curtailment of solar projects, highlighting the urgent need for grid upgrades and innovative dispatch solutions. By investigating these options, Engie aims to better utilize surplus renewable power that would otherwise go to waste, although these solutions are still years away from implementation.

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