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Paraguay faces energy crisis with generation deficit and delays in ANDE projects

Paraguay is facing an imminent energy crisis due to a 21% increase in electricity consumption in the first four months of the year, a delay of about two years in ANDE's Master Works Plan, and an investment deficit, which currently stands at $340 million annually compared to the $900 million needed per decade, potentially exhausting the energy surplus from Itaipú and Yacyretá by 2029.

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ANDE unions file unconstitutionality lawsuit against Peña's decrees

Four ANDE unions have filed an unconstitutionality lawsuit against presidential decrees 5306, 5307, and their amendments 5860 and 5861, signed by President Santiago Peña. They claim the measures would cause significant financial harm to the state electricity utility — which manages Paraguay's share of the binational Itaipú dam — and result in a 15-year subsidy to a business group involved in crypto mining, data centers, and hydrogen production, with the cost passed on to the public through electricity rates.

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Paraguayan court sentences man to two years in prison for stealing electricity to power illegal cryptocurrency mining in Ciudad del Este

The Paraguayan justice system sentenced Rodrigo Sebastián Tamarasco to two years of effective imprisonment and the confiscation of equipment for stealing electricity from ANDE to conduct illegal cryptocurrency mining in Ciudad del Este, causing losses of approximately 381 thousand dollars.

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