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[pdf] The 120 MW project will contribute to the decarbonization of the Bolivian energy matrix and will benefit more than 318,000 people, consolidating Bolivia's leadership in renewable energies in the region. . ose 81% of electricity generation by 2030. Bolivia"s scenario for 2027 according to MHE (2009) states that biomass sources wil % of the total global energy consumption. The Board of Directors of CAF, Development Bank of Latin America and the Caribbean, approved. . in Bolivia is the 1994 electricity law(Law 1604). It empowers the federal government to set a minimum parti ipation for hydropower in the electricity system. A new electricity law reflecting the 2009 constitutional changes is g completion on a shared photovoltaic solar site.
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