Euro Solar project Law

Source: IEA/IRENA Renewables Policies Database
Last updated: 12 September 2016

The Law approved the ficing mechanism suggested by the Euro-Solar project involving Bolivia, Ecuador, El Salvador, Guatemala, Peru, Paraguay, Nicaragua, Honduras and the European Commission.The program was estimated to cost more than 30 million Euros. The funds were to be used to acquire photovoltaic and wind energy equipment, computers for schools, refrigerators for vaccines among others. The supply of the equipment is expected to take up to 2 years.
The expected budget for Paraguay was more than 2 million Euros. The funds were to be used to install 45 systems mainly through solar PV to power public schools in isolated communities.

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