New Delhi, March 19 -- The Indian renewable energy (RE) sector may soon face regulatory pressures taking cues from Europe and China to combat emerging challenges such as grid disturbances, subsidy-driven incentives, and negative energy prices, according to a report by JM Financial.

The report refers to the situations arising in Western countries, including China, which is a major player in international renewable energy.

"As the share of RE in the supply mix in India increases, we expect domestic policies to be influenced by global experiences in the next 3-4 years," the report added.

The renewable energy (RE) sector has seen rapid growth, driven by an evolving governance structure and frequent regulatory changes that have allowed for ...