From Joomla! Documentation
The "API16" namespace is an archived namespace. This page contains information for a Joomla! version which is no longer supported. It exists only as a historical reference, it will not be improved and its content may be incomplete and/or contain broken links.
JDocumentRendererComponent is responsible for rendering the output from a component. It is called whenever a
<jdoc:include type="component" /> statement is encountered in the document template.
|render||Renders a component script and returns the results as a string|
jimport( 'joomla.document.html.renderer.component' );