Renewable energy producer (Nasdaq-listed)
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Curtailing solar output, reporting profitability impact
India's largest renewable power producer just told investors something the country's grid operators have been signaling quietly for months: there is nowhere for the electricity to go. ReNew Energy Global disclosed on May 6 that it is curbing solar output and absorbing profitability hits because the National Load Dispatch Centre cannot clear room on the grid during mid-day generation peaks.
Updated 2 hours ago
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