The International Renewable Energy Agency reports that, in some cases, new renewable power generation capacity has electricity costs lower than the cheapest source of new fossil fuel‑fired capacity.

The increase, which will bring total annual sales volumes to 13.8 million tonnes, comes on top of the half a million tonne output increase the company announced on June 7.

More than 40 of the world's 250 biggest corporate emitters - or 16% - are only just starting to assess their emissions, report shows.