Paraguay exports solar power to

How can Paraguay benefit from solar energy?

Solar energy, in particular, is seen as a vital addition, taking advantage of Paraguay’s abundant sunlight to reduce pressure on its hydropower resources. The government also plans to harness bioenergy through biomass and biogases, tapping into organic waste and agricultural byproducts as fuel sources.

How to strengthen the energy sector in Paraguay?

1. General energy sector Institutional strengthening: creation of the Ministry of Energy, Hydrocarbons, and Mining (MEHM) by 2024, followed by a plan to strengthen it and the public companies in the sector by 2025. Energy efficiency: creation of the Paraguayan Energy Efficiency Agency (public-private partnership) by 2030.

Can Paraguay use natural gas as a transitional energy source?

In addition to its focus on renewables, Paraguay is also looking to natural gas as a transitional energy source. The country’s new energy policy includes a project to integrate natural gas into its energy matrix. This would provide a reliable alternative to hydrocarbons while renewable technologies continue to scale.

How does Paraguay generate electricity?

Paraguay generates 100% of its electricity from renewable sources, with the vast majority coming from the Itaipu, Yacyretá, and Acaray hydroelectric projects. Since turning to hydropower, Paraguay no longer relies on oil and diesel imports for electrical generation.

Why is Paraguay a renewable country?

Paraguay has one of the highest proportions of renewable energy in South America. Hydropower constitutes around 99.5% of the installed electricity capacity. This makes it highly dependent on the rivers that feed the country’s main hydroelectric plants, from where most of the electricity produced is exported to neighboring countries.

What is Paraguay's new energy policy?

The New Energy Policy aims to consolidate Paraguay's position as a key player in regional energy integration, through overarching goals to strengthen the national electricity sector and key subsectors such as: electricity, binational hydroelectric entities, bioenergy, renewable alternative sources, and hydrocarbons.