China to remain largest investor in clean energy: IEA chief
China is taking global leadership in the clean energy sphere, while the global energy system experiences a significant transformation, said Fatih Birol, executive director of the Paris-based International Energy Agency (IEA).
"On the supply side, China is -- and will remain -- the largest global investor into all of the four main clean energy sources: wind, solar, nuclear and hydro," he told Xinhua in an exclusive interview on the sidelines of the annual meeting of the World Economic Forum, according to Xinhua.
Underpinned by technological innovation in key areas such as solar panels and electric cars in addition to supportive policies by governments, the most important transition globally is the "parallel increase in the importance of electricity and renewable", said Birol.
He said that while changes take place in global energy system, the Chinese energy system is "undergoing an impressive transformation", applauding China's leadership in many clean energy areas in the world.
