IEA optimistic on switch to renewables

China is very likely to meet the target of having 15 percent of its energy demand coming from renewables by 2020, said the head of the International Energy Agency.

Fatih Birol, executive director of the Paris-based IEA, said on Wednesday that he doesn't see any reason for China to fail to reach the target as long as the country's push for renewable energy continues.

"China has made some major moves in energy transition. It is No 1 in wind energy production, No 1 in solar energy production and No 1 in hydropower energy," Birol told China Daily in an exclusive interview in Beijing.