China Might Become World's Largest Renewable Energy Market by 2030: Report

China has the potential to become the world's largest renewable energy market by 2030, if it succeeds in doubling the ratio of renewable sources like solar energy, says the IREA.

China has the potential to become the world's largest renewable energy market by 2030, if it succeeds in doubling the ratio of renewable sources like solar energy, reports the International Renewable Energy Agency.

Future of Renewable Energy: Space-Based Solar Power?
A new study has suggested that solar power collected in space could eventually provide the renewable energy of the future.

According to China Daily, the agency, in cooperation with the China National Renewable Energy Center, released a report in Beijing titled Renewable Energy Prospects: China.

The report said that China was capable of improving millions of lives and saving billions of dollars by using more renewable energy-which would reduce the costs of healthcare by reducing emissions.

Adnan Z. Amin, director-general of the agency said that as the largest energy consumer in the world, China must play a pivotal role in the global transition to a sustainable energy future.

New Insulin Pen Uses Energy Harvesting, Promises Precise Tracking of Insulin Delivery
Promising to make the daily management of diabetes a lot more easier and accurate, a leading product development firm has designed a new insulin pen, which uses energy harvesting.

The report further said that under current policies, share of renewables in China's total energy mix would only rise to 17 percent by 2030.

The report added that if China accelerated the pace, it would reach 26 percent.