3 FAQs about Paraguay PV energy storage prices latest

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.

How much does electricity cost in Paraguay?

This price has remained very low (about US$2.81 per MWh). It is argued that, if this price was more in line with actual electricity prices in the Brazilian market, Paraguay would have enough resources to strengthen its electricity transmission capacity.

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.

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