Published: 2:54pm, 1 Aug, 2016 Updated: 2:54pm, 20 Jul, 2018
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.