Published: 2:54pm, 1 Aug, 2016 Updated: 2:54pm, 20 Jul, 2018
Hong Kong power company , CLP Holdings , is to reach its renewable energy production target of 20 % by 2015 , from 17 % this year . The target was set during 2010 , alongside the aim to have at least 20 % of generating electricity by non - carbon based sources . CLP is aiming to cut CO2 emissions to a quarter of the 2010 levels . Chief executive Richard Lancaster said the company will continue to grow its solar and wind power operations in mainland China and India . On 2015 , CLP posted a 7 % rise in net income to HK$6.13bn ( $ 790 m ) , slightly ahead of the HK$6bn expected by analysts .