TimeWave Weekly Report on Electricity Industry - April 2ed to 8th

April 9, 2026
Latest company news about TimeWave Weekly Report on Electricity Industry - April 2ed to 8th

During the period from April 2ed to 8th, 2026, the following international news occurred:


1. Indonesia’s path to 100 GW of solar

Indonesia's energy transition acceleration plan proposes a 180-day action plan to achieve the 100 GW solar deployment target (including 80 GW distributed and 20 GW utility-scale). The report recommends a differentiated village model, the establishment of a central project management unit, and a blended finance mechanism, along with the training of 180,000 technical personnel. The plan is expected to reduce fuel subsidy expenditures.

 

2. Japan’s Kyocera, Cosmo Energy units enter solar, wind PPAs

Japanese Kyocera and two subsidiaries of Cosmo Energy have signed solar and wind power purchase agreements respectively: Kyocera will supply solar power to Cosmo Energy Solutions, while purchasing power from a 48 MW wind farm operated by Cosmo Eco Power. The two parties aim to enhance renewable energy utilization and decarbonization cooperation through a reciprocal agreement.

 

3. Premier Energies commissions 5.6 GW solar module facility in India

India's Premier Energies has commenced trial production at a 5.6 GW solar module factory in Telangana, producing G12R TOPCon zero-busbar modules, bringing the company's total module capacity to over 10 GW. The factory is equipped with an AI fault detection system and plans to invest INR 125 billion over the next three years to further expand capacity and move upstream.

 

4. Neuron Energy plans 5 GWh battery storage factory in India

Indian electric vehicle battery manufacturer Neuron Energy plans to build a 5 GWh battery energy storage system (BESS) factory in Maharashtra, with an investment of $108 million. The fully automated facility will cover seven acres and produce 1,000 energy storage containers annually, targeting solar developers, industrial and commercial users, and utilities, with plans for export.

 

5. Agratas advances 20 GWh battery plant in western India

Agratas, the battery business arm of the Tata Group, has completed steel structure construction for its Sanand plant in India. The first phase of the plant is designed to have an annual capacity of 20 GWh, with production expected to begin in 2027, manufacturing advanced battery cells for electric vehicles and energy storage applications, serving both the Indian market and global exports.

 

6. Adani Green commissions 951 MW solar, hybrid capacity in India

Adani Green Energy has commissioned 951 MW of renewable energy projects in the western Indian states of Rajasthan and Gujarat, including 926 MW of solar and 25 MW of hybrid capacity. This brings its total operational capacity to 18,933.3 MW.

 

7. Abu Dhabi extends solar self-supply policy to residents

The Abu Dhabi Department of Energy has extended its solar self-supply policy to the residential sector, allowing villa owners and eligible residential buildings to install rooftop photovoltaic systems (with optional energy storage) for self-consumption. The first phase of the policy had previously been opened to the agricultural sector. The move aims to streamline installation and grid connection processes and promote distributed energy applications.

 

8. JinkoSolar drops Vietnam solar manufacturing project

JinkoSolar has formally terminated its 4 GW solar cell project in Hai Ha, Vietnam, due to U.S. anti-dumping duties undermining export economics. The project had originally planned an investment of approximately $294 million, including 3 GW of module capacity. JinkoSolar will continue to operate its other factories in Vietnam and is shifting strategy toward localized supply chains and markets in the Middle East and Asia-Pacific.

 

9. Bhutan opens rooftop, ground-mounted solar tender

Bhutan's Ministry of Energy and Natural Resources has issued a request for qualifications, inviting private enterprises to develop rooftop and ground-mounted solar projects under a build-own-operate model, with the first deadline set for April 30. The country aims to achieve 1 GW of solar capacity by 2030 and is concurrently establishing green financing mechanisms to mobilize investment.

 

10. Philippines accelerates grid entry for 1.28 GW of solar

Citing the impact of Middle East tensions on global oil markets, the Philippines Department of Energy is accelerating the grid connection of 12 solar projects (totaling approximately 1,284 MW) in April to enhance power system stability. The country plans to increase the share of renewable energy in power generation to 35% by 2030.

 

11. Azerbaijan commissions 500 MWh battery storage project

Azerbaijani President Ilham Aliyev attended the commissioning ceremony of a 500 MWh battery energy storage project deployed at the Absheron and Agdash substations, designed to enhance grid stability, support renewable energy integration, and provide black-start capability. The project was self-financed by state-owned AzerEnergy.

 

12. Malaysia’s solar capacity surpasses 5.7 GW

As of the end of 2025, Malaysia's cumulative installed solar capacity reached 5.78 GW, with approximately 1.45 GW added during the year. The Large-Scale Solar (LSS) program, feed-in tariffs, and net metering mechanisms are the main drivers. Starting in 2026, the government launched the Solar Acceleration Transition Plan (ATAP) to further promote rooftop solar development.

 

13. Lithuania’s solar capacity surpasses 3 GW

Lithuania added approximately 600 MW of photovoltaic capacity in 2025, bringing cumulative installed capacity to 3.04 GW, with solar power accounting for 14.2% of the country's electricity consumption. Although 4 GW of technical permits have been issued, grid congestion constrains development, and future growth will depend on energy storage integration. There are currently about 170,000 self-producers of electricity benefiting from net metering policies.

 

14. Italy targets 16 GWh storage auction under MACSE scheme

Italy's energy regulatory authority has approved a proposal by the Ministry of Environment and Energy Security to set a target of 16 GWh in the 2029 MACSE energy storage auction, with minimum and maximum capacities allocated by region. A previous auction in 2028 procured 10 GWh. Terna estimates total demand of 42 GWh by 2030.

 

15. Italy, Spain set solar records in March

Average weekly electricity prices fell across most European markets last week, with daily average prices in Spain and Portugal falling to their lowest levels since 2013 and 2024 respectively due to increased solar generation. Spain's daily solar generation reached 194 GWh on March 24, and Italy reached 139 GWh the following day, both setting March records. Lower natural gas prices also contributed to the decline in electricity prices.

 

16. German rooftop PV tender undersubscribed as prices hold

Germany's Federal Network Agency allocated only 155 MW of rooftop solar in its latest tender (against a target of 283 MW), with an average winning bid price of €0.0956/kWh, slightly lower than the previous round. North Rhine-Westphalia led with 50 MW awarded. In contrast, the onshore wind tender was oversubscribed by more than double, with average prices falling to their lowest level since 2018.

 

17. Pexapark logs more than 1 GWh of European storage PPAs in March

Amid pressures on energy markets driven by Middle East conflicts, the value of solar and energy storage power purchase agreements (PPAs) has risen. Pexapark data shows that European energy storage PPAs signed in March 2026 exceeded 1 GWh, including a two-year agreement in the UK for a 500 MW/1,000 MWh project with EDF.

 

18. US small-scale solar hits record 1.9 GW in Q4 2025

In the fourth quarter of 2025, new distributed solar installations in the United States reached a record 1.9 GW, accounting for 15% of all new power capacity added during the year. Residential and community solar projects performed strongly, driven in part by the impending expiration of tax credit policies. Distributed resources are driving the grid's transition toward a more decentralized model.

 

19. US adds 26.6 GW of solar in 2025 as renewables dominate

In 2025, the United States added 26.6 GW of utility-scale solar power generation capacity, representing the vast majority of new capacity added during the year. Wind and solar together accounted for nearly 90% of new capacity. By the end of the year, solar accounted for 12.16% of total U.S. installed capacity; natural gas remains the largest source, but renewable energy continues to expand rapidly.

 

20. Rooftop solar now accounts for one-fifth of Puerto Rico’s generation capacity

As of early 2026, distributed solar accounted for 20% of Puerto Rico's total power generation capacity, far exceeding any other power source. The region is also advancing customer-side battery aggregation, using virtual power plants to provide grid support during peak hours. Industry groups say they will continue to promote rooftop solar and energy storage as core pillars of the local energy transition.

 

21. Portable data centers target curtailment, grid constraints

Australian company WinDC, in partnership with U.S.-based Armada, is deploying modular data centers at renewable energy sites such as wind, solar, and storage facilities, with an initial phase of 11 MW, aiming to reduce curtailment and meet AI computing demand. The units are containerized, relocatable, and 100% powered by green electricity, with plans for localized production in the future.

 

22. RayGen rolls out 1 MW ‘solar hydro’ power plant in Brazil

Australian company RayGen has commissioned a 1 MW concentrated photovoltaic and thermal storage integrated project in Brazil, using a mirror field and thermal storage technology to achieve a round-trip efficiency of 70%. The project was developed in partnership with local company Axia Energia and aims to test long-duration energy storage technology, with potential future applications for powering AI data centers.

 

23. Australia’s Transgrid shortlists 2 GW of batteries for NSW grid

Australian transmission company Transgrid has shortlisted nine battery energy storage projects with a total capacity of 2 GW to provide system strength services for the New South Wales grid. The first projects are expected to come online in the second half of 2026. Transgrid plans to secure 5 GW of stability services from third-party batteries by 2033 to replace retiring coal-fired power and support the renewable energy transition.

 

24. Zambia tenders 300 MW of solar

The Zambian government has tendered 300 MW of solar projects under its newly launched Carbon Finance Integration Program (CFIP), requiring battery energy storage systems with a capacity of at least half an hour and connection to the national grid. Individual project sizes must range between 30 MW and 100 MW. The deadline for expression of interest submissions is May 31, 2026.

 

25. Global solar additions reached record 511 GW in 2025, says IRENA

According to the latest data from the International Renewable Energy Agency (IRENA), global renewable energy additions reached 692 GW in 2025, with solar achieving a record 511 GW, accounting for approximately 75% of the total. By the end of 2025, total global renewable energy installed capacity reached 5.14 TW, representing 49% of total power generation capacity, with solar accounting for approximately 2.4 TW.