Brazilian Solar Complex Explores Bitcoin Mining Opportunity

Engie's Assu Sol solar complex in northeastern Brazil has become the company's largest solar asset globally after receiving full commercial approval on February 13, 2026.

The project carries a peak capacity of 895 MWp and includes 16 plants with over 1.5 million photovoltaic panels. Brazilian authorities have granted Engie permission to operate the complex despite recurring grid bottlenecks since 2023, which have forced plants to shut down during oversupply periods.

Engie is now evaluating Bitcoin mining as a flexible offtaker for surplus power to monetize excess electricity and reduce financial losses. The company has stated that it does not seek speculative crypto exposure but aims to protect plant revenues by operating any mining capacity only during periods of excess supply.