Top green energy players urge the EU to lead the way as planet torn by geopolitical rifts gathers in Madrid to hammer out pivotal rules on how to finance the fight against global warming.
The ambitious target unveiled at UN Climate Week follows reports that the Australian investment firm – which purchased the UK's state-run green finance arm in 2017 – intends to purchase UK developer Solarcentury.
The Green Climate Fund (GCF) is providing nearly half the funding necessary for a scheme to deploy solar mini-grids across 100 villages in Burkina Faso.