A wind and solar developer in South America has a message for the world’s cryptocurrency miners: Come to Uruguay, a stable democracy awash in renewable energy.
Ventus Ingenieria SA is in talks with a Chinese investor to help fund a 200-kilowatt facility this year, according to Francis Raquet, business development director of the Montevideo-based company. And it has plans to do even more.
The energy-hungry computer networks that generate bitcoins and other cryptocurrencies have come under increasing scrutiny for boosting demand for electricity from coal.
Uruguay may be well-suited to take advantage of the growing interest in digital ...