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Paraguay and Taiwan have signed a bilateral agreement to develop artificial intelligence by combining Paraguay's renewable energy with Taiwan's semiconductor production, aiming to create a technology hub scaled up to 1 gigawatt—a project President Santiago Peña compares to the historic magnitude of Itaipu.
taiwansantiago-penaitaipuItaipú Binacional is investing more than G. 20.5 billion in the comprehensive revitalization of Ñu Guasu Park in Luque, with works including the renovation of restrooms, roadways, fencing, parking areas, and playgrounds, as well as the construction of a new User Service Center.
nu-guasuitaipuparque-guasu-metropolitanoItaipú Binacional plans to install up to 14,000 MW of floating solar power on its reservoir, a capacity equivalent to that of the current hydroelectric plant. By utilizing 10% of the water surface, the project aims to reduce reliance on hydropower and minimize evaporation. This initiative builds on the success of a pilot plant that already supplies part of the facility's internal consumption and is currently being expanded to include battery storage.
itaipuluquepedro-domaniczkyA leaked audio recording reveals that Cartismo senator Javier Zacarías Irún negotiated a position at the Itaipu Binacional entity for the brother of a political operative in exchange for electoral support in Ciudad del Este.
javier-zacarias-irunitaipujusto-zacarias-irunosvaldo-sanchez-jaracartismoItaipú Binacional has launched five tenders totaling nearly US$11.4 million for private security services, gardening, tree pruning, and mineral water supply.
itaipuhernandariasThe Itaipú Technological Park Foundation opened a G. 11 billion bidding process for cell phone interception equipment for the National Police, while Tedic warns that such devices violate fundamental rights such as privacy and freedom of expression.
imsi-catchertedicitaipuGustavo Ovelar, pre-candidate for mayor of Ciudad del Este for the Colorado Añetete movement, accused the government of using Itaipú Binacional funds to finance attacks on opponents. The accusation was made during a rally with the support of presidential pre-candidate Arnoldo Wiens, on the eve of the municipal internal elections.
ciudad-del-estecolorado-aneteteitaipugustavo-ovelarTransfers from Itaipu and Yacyretá fell 23.5% from January to April 2026, totaling US$143.5 million, reflecting lower royalties, energy compensation, and energy cession.
royaltiesitaipuyacyretaAn analysis by former Itaipú employee Julio César Benítez Sosa indicates that, with the hydroelectric plant's debt fully amortized, ANDE can dispense with the Operating Agreement and adopt tariffs based on the real cost of production. The study projects savings of US$200 million by contracting 100% of Paraguayan energy, but criticizes the 2024 triennial tariff pact for allegedly overburdening the state-owned company.
itaipuandejulio-cesar-benitez-sosaIndustry leaders and experts see the artificial intelligence megaproject with Taiwan as an opportunity to boost new power generation sources, but warn of the urgent need to strengthen ANDE and expand the country’s energy capacity.
taiwanandeitaipuThe binational hydroelectric plants Itaipú and Yacyretá spend US$156 million annually on salaries for 3,558 employees. At least 109 Itaipú workers earn more than President Santiago Peña, led by legal director Iris Magnolia Mendoza, whose salary is four times that of the head of the executive branch. At Yacyretá, the Paraguayan director and board members also exceed G$100 million a month. The Comptroller General has submitted a draft bill to impose fines for lack of salary transparency.
itaipuyacyretaIndustry and Commerce Minister Marco Riquelme said the country must prepare to convert its abundant electricity into AI data processing services, rather than ceding the surplus to Brazil.
itaipumarco-riquelmeParaguay's economic boom, with average growth of 4% over the past three years, is drawing a growing number of Brazilians seeking residency in the country. Data from the National Directorate of Migration show residency applications doubled in five years, surpassing 23,000 requests in 2025. President Santiago Peña compared the current moment to the period of the Itaipu construction.
itaipuPresident Luiz Inácio Lula da Silva has appointed three new Brazilian members to the Board of Directors of Itaipu Binacional at a critical juncture in the negotiations of Annex C of the Treaty. The changes include ministers Darío Durigan, Miriam Belchior, and Bruno Moretti, and follow the replacement of the administrative director and the departure of Michele Caputo Neto.
itaipulula-da-silvaThe Itaipú binational hydroelectric plant, which supplies about 90% of Paraguay's electricity and 7% of Brazil's demand, celebrated 52 years since its founding on Saturday. The entity highlighted production records and its diplomatic role in overcoming border conflicts.
itaipuguinness-recordThe Itaipú Binational Entity completes 52 years since its formal constitution, consolidated as the world's largest clean energy generator, responsible for about 90% of Paraguay's electricity consumption and holder of the Guinness record for the largest accumulated hydroelectric power generation.
itaipuguinness-world-recordsArnaldo Aveiro Solís, brother of Senator Guadalupe Aveiro (ANR), was appointed to Itaipu Binacional in April 2026, receiving a monthly salary of G. 21 million, despite not having a university degree. Previously, he worked as a receptionist in the Chamber of Deputies, where he already earned G. 16.35 million. The appointment occurred one month after the senator took office, replacing the convicted Erico Galeano.
itaipucartismoguadalupe-aveiroLists of employees at the binational hydroelectric plant reveal that at least 109 people earn more than President Santiago Peña, including relatives of influential politicians.
itaipucoloradohonor-coloradoFrom June 3 to 6, the Itaipu Binacional hydroelectric plant on the Paraguay-Brazil border will host the 38th meeting of UNESCO's International Coordinating Council of the Man and the Biosphere Programme (MAB-ICC). The event, with about 250 participants from 34 countries, will focus on clean energy and natural reserve management.
unescoitaipuThe country sees macroeconomic deterioration, with a structural deficit above 2% of GDP and exhaustion of growth engines: labor force and hydroelectric power. Experts point to the need for deep reforms and credible commitments.
fiscal-deficititaipuyacyretalabor-forceParaguay's National Electricity Administration (ANDE) is considering postponing the update of residential and commercial tariffs until negotiations with Brazil on the new Annex C of the Itaipu Treaty are concluded, expected by mid-year. The state-owned company's president, engineer Félix Sosa, stated that the final tariff will directly depend on this binational agreement, which will define the price of energy generated by the hydroelectric plant.
andeitaipufelix-sosaTo achieve its goal of doubling GDP by 2035, Paraguay must add roughly 7,000 megawatts of new power—equivalent to half of Itaipu's capacity—or risk an energy bottleneck, according to a study by the Industrial Union of Paraguay (UIP) and projections from the national electricity authority ANDE.
paraguay-2xitaipuuipandeAs the 2024 Lula-Peña Itaipú agreement expires on December 31, 2026, Paraguay faces uncertain electricity revenues and unfulfilled transparency promises. Meanwhile, the business sector, through FEPRINCO, offers conditional support to President Peña, demanding structural reforms and criticizing state inefficiency, creating a complex political and economic landscape.
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