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ReNew Energy forced to waste solar as India grid bottleneck hits earnings and future plans
Business
Published on 6 May 2026
Curtailed power is piling up while batteries wait
India’s strained power grid is increasingly unable to absorb surplus solar, forcing ReNew Energy Global Plc to curtail generation. The resulting power-wastage is already hitting earnings, even as the company ramps up battery storage to better match supply and demand. Rising costs tied to global disruptions are adding pressure, reshaping how future solar projects are planned.
- Surplus solar is being curtailed due to grid constraints
- ReNew says curtailments are weighing on profits and earnings
- Battery storage is being scaled to reduce mismatch losses
- Global cost pressures complicate the transition for solar growth
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times