Paraguay finds itself at a crossroads amid the evolving global energy landscape. As one of the world’s largest hydroelectric producers, the country generates significant energy surpluses exported to neighboring nations. 2026 is shaping up as a pivotal regulatory year, with authorities finalizing the legal framework for non-hydro renewable energy integration. The Non-Hydro Renewable Energy Promotion Law regulation is in its final stages, which would unlock investment in solar photovoltaic projects and self-generation permits.