|A hydroelectric dam in Venezuela.|
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Venezuela has a goal of becoming one of the leaders in renewable energy in South America. However, Paraguay already receives 100% of its energy from renewable sources (hydroelectric). Venezuela too receives most of its domestic electricity (72%) from hydropower. Yet, this form of energy has proven vulnerable due to droughts.
A quick scan of the Internet revealed that there are projects or plans underway to build wind farms on the Venezuelan coast as well as large solar farms. Plus, Venezuela also plans to expand their hydroelectric systems to expand domestic energy production overall.