India’s Solar Boom Runs Into a Grid Reckoning

India's solar power industry is facing challenges as new regulatory changes threaten profitability by imposing penalties on solar generators for failing to meet their supply commitments to the grid. This regulatory overhaul comes as the country's electricity grid expands more slowly than the surge in solar installations, leading to more solar curtailments. These developments could potentially slow the rapid growth of solar energy, impacting India's ambitious renewable energy goals and the broader global push toward cleaner energy sources.