Although mired in significant delays compared to other Latin
American countries, Paraguay is now preparing to issue its first legislation to
support solar and wind power.
Paraguay will issue its first renewable energy law in the
upcoming months, most likely before the end of 2017. This was stated by Lourdes
Aquino Perinetto from local law firm GHP Guanes, Heisecke & Piera in an
interview with pv magazine.
According to Perinetto, the new law has already been
approved by the upper chamber and is now being reviewed by the Senate. The main
reason for the country’s delay in developing solar and wind power, she
explained, is the monopoly of the local utility ANDE in the energy market. The
new law, however, will compel the ANDE to buy at least 5% of its power from
renewable energy other than hydropower, which currently has the largest share
in Paraguay’s energy mix.