Atome Secures $-Fund Feasibility for 300MW Paraguay Solar

• Atome wins backing for a Paraguay feasibility study: a 300-MWp solar PV project near Villeta. Dollar-linked, multilateral support—conditional—and aimed at powering expansion via a PPA.

Atome secured backing for a feasibility study for a proposed 300-MWp solar PV project in Paraguay. The support will come from a dollar-denominated fund linked to a multilateral development bank, under specified conditions. The study will evaluate whether the large-scale solar development can be implemented to support the company’s expansion in the country’s renewable energy market.

The planned plant would be located near Atome’s flagship 145-MW Villeta green fertiliser facility, potentially forming the core of a broader industrial park with battery energy storage. The initiative is being advanced through Atome Power, the company’s Latin America-focused renewables and infrastructure unit, and would hinge on securing a power purchase agreement. If built, it would diversify Atome’s Paraguayan operations beyond fertiliser and add renewable electricity infrastructure.

What does Atome’s feasibility study funding enable for a 300-MWp Paraguay solar project?

• Finance the technical and commercial work to confirm the 300-MWp plant’s viability in Paraguay, including grid/interconnection feasibility, site constraints, and constructability.
  
• Support detailed project design and engineering inputs needed to size key components (solar PV layout, substation needs, and battery energy storage integration where applicable).
  
• Enable resource and performance assessment (solar resource analysis, expected generation profiles, and energy yield modeling) to estimate output and revenue potential.
  
• Fund commercial structuring to secure bankable terms for a power purchase agreement (PPA), including tariff/contract assumptions and offtake risk evaluation.
  
• Support a full permitting and regulatory pathway review for large-scale solar development, helping identify approvals required and timelines to reach financial close.
  
• Provide an environmental and social assessment framework and documentation planning, helping address impacts and compliance requirements for utility-scale infrastructure.
  
• Cover early-stage risk studies (land, grid availability, curtailment, construction schedule, and operating assumptions) to guide investment decisions and project bankability.
  
• Produce the documentation package typically required by lenders/investors and multilateral-aligned finance processes, making the project ready for next-stage development.
  
• Reduce uncertainty around building a broader renewables-and-storage industrial offering near the Villeta site, supporting Atome’s ability to evaluate the industrial park concept alongside the solar project.
• Enable decision-making that advances Atome’s expansion strategy in Paraguay by clarifying whether the project can credibly deliver renewable power at scale beyond its existing fertiliser footprint.