80% of Asia-Pacific's Q1 2024 corporate renewable contracts in the region are accounted for by India and Australia, with India showing a 31% YoY growth.

India and Australia accounted for 80% of the 5.4 GW of corporate renewable contracts in Asia-Pacific's Q1 2024, as per SP Global Commodity Insights (GCI). India's significant contribution reflects a 31% year-on-year growth in the region and is noteworthy considering the country's commitment to scaling up renewable energy capacity to achieve ambitious climate goals and reduce reliance on fossil fuels.