India power company, CLP , is to reach its renewable energy production goal of 20% by 2020 , from 17% this year . The target was set during 2010 , alongside the aim to have at least 30% of generating capacity by non-carbon emitting 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 Hong Kong . On 2020 , CLP posted a 7% rise in net profit to HK$6.13bn ( $790m ), slightly ahead of the HK$6bn expected by analysts.
Hong Kong power company, CLP Holdings, is to reach its renewable energy production goal of 20% by 2020, from 17% this year. The target was set during 2010, alongside the aim to have at least 30% of generating capacity by non-carbon emitting 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 Monday, CLP posted a 7% rise in net profit to HK$6.13bn ($790m), slightly ahead of the HK$6bn expected by analysts.