Engie, a leading French utility company, is exploring the possibility of installing battery storage or Bitcoin mining data centers at its new 895 MW Assu Sol solar plant in Brazil. According to NS3.AI, this initiative aims to make use of excess power resulting from grid curtailments. By converting stranded electricity into revenue-generating assets such as Bitcoin mining, Engie seeks to mitigate significant revenue losses caused by renewable energy curtailments.
In parallel, major Bitcoin miners are increasingly redirecting their infrastructure towards AI workloads. This shift comes as the margins for crypto mining continue to tighten, prompting miners to seek alternative revenue streams.