India’s Solar Boom Runs Into a Grid Reckoning

A regulatory overhaul of India’s grid has sparked fears in the solar power industry that they may suffer a negative impact on profitability.

The overhaul includes a stipulation regarding penalties for solar generators if they fail to deliver the electricity that they have committed to supply to the grid, Reuters reported.

India's electricity grid is expanding at a slower pace than the boom in solar energy installations, leading to an increased share of solar curtailments and threatening to slow the solar and wind boom in the world's most…