Andy Mukherjee: If India wants to fuel the AI boom, it must get its solar power policies right
The change isn’t devoid of logic. Early in India’s solar revolution, utilities provided so-called energy-banking services to guarantee producers a market. But with supply now abundant, deploying the grid as a battery is putting enormous strain on infrastructure. It makes more sense to encourage batteries right at the production site, or for the distributor to use the banking fees to build larger, more economical storage.
