Brazil builds first solar power plant with digital currencies

Complex will be located in Itaobim (MG) and has the capacity to supply more than 10,000 homes.

RIO DE JANEIRO, BRAZIL - Brazil gets the first photovoltaic power plant financed with funds from digital currencies. The complex will be built in Itaobim, in the Jequitinhonha Valley (MG). Other plants are planned in Bahia and Rio de Janeiro, two important centers for renewable energy generation in the country.

The use of cryptocurrencies, representing a renewable generation, is seen as a trend that should intensify every day.

The more you buy the currency, the higher its value becomes, providing a natural incentive for decarbonization, global warming mitigation, and clean energy production in Brazil and around the world.

The project is . . .

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