India, July 12 -- Renewable energy is about more than just generating megawatts of power. While installing solar panels or wind turbines is a crucial first step, effectively utilising the energy they produce presents a distinct challenge. As the cost of solar panels dropped over the years, solar energy became accessible to a growing number of households.

However, while the cost of generating solar power became affordable, storing it in batteries remained an expensive obstacle. This led to the introduction of net metering policies in 2013. With net metering, homeowners and businesses no longer needed to invest in costly batteries. Instead, they could feed excess solar energy back into the grid, which, until then, had primarily relied on c...