PASH and ERIH target 40MWh of battery
Mar 7, 2023 · The capital of Paraguay, Asuncion. The country has not announced any grid-scale energy storage projects to-date. Image: CC / Mariano Mantel.
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Does Paraguay have a grid-scale energy storage project?
The capital of Paraguay, Asuncion. The country has not announced any grid-scale energy storage projects to-date. Image: CC / Mariano Mantel. Investment firms PASH Global and ERIH Holdings have formed a joint venture (JV) to develop utility-scale solar and battery storage projects in Paraguay.
Is the grid-scale battery storage market in Paraguay about to change?
Like most of Latin America, the grid-scale battery storage market in Paraguay is at a relatively early stage. However, recent moves by the government show that may be about to change.
Who regulates energy projects in Paraguay?
Permitting and regulation of energy projects is handled by the Viceministry of Mines and Energy. ANDE (Administración Nacional de Electricidad) is the state-owned entity responsible for satisfying Paraguay's electrical needs through generation, transmission, and distribution.
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.