1 MWp floating solar project underway in Paraguay

July 31, 2025, by Zerina Maksumić

Itaipu Binacional, a binational entity equally owned by Brazil and Paraguay that focuses on clean and renewable energy, has begun installing its first floating solar photovoltaic (FPV) system on the Paraguayan side of the Itaipu Reservoir.

According to OWC, the 1 MWp project marks a step toward hybrid energy development in South America by combining solar power with existing hydropower infrastructure.

“Great news for the #EnergyTransition in South America! Itaipu Binacional has begun installing its first floating solar plant (1 MWp) on the Paraguayan side of the Itaipu Reservoir – a major step toward hybrid, sustainable energy solutions in the region,” said OWC in a social media post.

Engineering consultancy OWC is supporting the initiative across various technical and planning stages.

The company said its expertise ensures robust and bankable project delivery through services such as site selection and optimised project layout, float system review and selection, anchoring and mooring system design, energy yield optimization with ongoing performance monitoring, preparation of basic environmental licensing documentation, planning and drafting of technical specifications, and engineering support during both installation and operation.

“At #OWC, we are proud to support the development of #FloatingSolar (FPV) projects – from early-stage concept to successful operation. Through our dedicated team in South America and deep knowledge of the regional energy landscape, OWC is ready to contribute to your next floating solar development,” OWC said in a social media post.