Will Paraguay develop more solar and wind power projects?

The country plans to utilize a mix of renewable energy sources going forward to diversify its energy mix and increase its energy security. While scarcely existent today, Paraguay hopes to develop more solar and wind power projects in the future.

Is Paraguay a future energy exporter?

Paraguay is a net energy exporter with hydro and biomass resources contributing 82% of the country’s final energy supply over the last decade. Yet a growing economy coupled with increasing energy demand particularly in the transport sector, has encouraged the uptake of fossil fuels, prompting a holistic assessment of the country’s future energy.

How does a dry period affect energy security in Paraguay?

Long, dry periods increasingly threaten energy security and impact national income from electricity exports. Paraguay is a net energy exporter with hydro and biomass resources contributing 82 per cent of the country’s final energy supply over the last decade.

Does Paraguay have electricity?

Recording 99.95% electricity access at the close of 2019, Paraguay enjoys nearly universal access to electricity. In some remote locations, including the Chaco region of the country, inhabited by Indigenous Paraguayans, Paraguay utilizes solar plants to meet electricity needs.

Does Paraguay have hydroelectric power?

In fact, Paraguay has long produced more than enough hydroelectric power for its own needs, exporting the remainder to neighbors Brazil and Argentina. In 2019, Paraguay’s generated 6% of its GDP from the exportation of 64% of its power production. Renewable energy in Paraguay has the potential to transform the nation.

What is Paraguay's wind potential?

The report also highlights Paraguay’s wind potential, identified as medium to high quality, which was found to be particularly concentrated in the north-western region, specifically in the department of Boquerón.