TimeWave Weekly Report on Electricity Industry - August 28th to September 3rd

September 4, 2025
últimas noticias de la compañía sobre TimeWave Weekly Report on Electricity Industry - August 28th to September 3rd

During the period from August 28th to September 3rd, 2025, the following international news occurred:


1. Sweden adds 430 MW of solar in H1 2025

Sweden added 430 MW of solar capacity in the first half of 2025, a 24% decrease year-on-year. Demand for residential energy storage surged due to green tax incentives, with approximately 11,600 battery systems installed in the first four months. The country has 265,000 residential PV systems, but 70% lack storage. Grid capacity constraints hinder large-scale project integration, prompting calls to streamline storage access procedures.

 

2. Jordan to install solar at homes of disabled people

Jordan’s cabinet approved a social welfare PV project, allocating 1.5 million dinars (approximately $2.1 million) to install grid-connected solar systems for 1,000 disabled households from 2026 to 2030. The project will be jointly supervised by the Ministry of Energy, the Ministry of Social Development, and the Higher Council for the Rights of Persons with Disabilities. This initiative continues Jordan’s proactive support for clean energy, following the recent reinstatement of a 30% cost subsidy for residential PV.

 

3. Malaysian partners to develop 1.5 GW of solar

Malaysia’s Gentari and a subsidiary of Gamuda plan to develop 1.5 GW of solar projects with storage, supplying power to hyperscale data centers through the national Corporate Renewable Energy Scheme (CRESS). The project aims to meet the tech industry’s clean energy demand of 5 GW by 2035, supporting Malaysia’s national goal of 40% renewable energy by 2040 and advancing the country’s clean energy development.

 

4. India’s solar module capacity hits 100 GW with oversupply risk by 2027

India’s solar module manufacturing capacity has reached 100 GW, sufficient to meet annual domestic demand. However, total capacity is expected to reach 190 GW by March 2027, posing a severe oversupply risk due to export restrictions from U.S. policies. Current cell capacity stands at only 26 GW, relying on imports, but the ALMM-II policy is expected to drive mid-term self-sufficiency, with cell capacity projected to reach 115 GW by 2027.

 

5. Germany records 453 hours of year-to-date negative electricity prices

Germany has recorded 457 hours of negative electricity prices in the day-ahead market this year, exceeding the total for 2024. Meanwhile, hours with prices above €100/MWh reached 2,476, also surpassing last year’s levels. Increased renewable generation and low demand have frequently driven prices negative, creating arbitrage opportunities for large-scale battery storage operators. Germany’s large-scale battery storage capacity now stands at 3 GWh, with cumulative PV capacity exceeding 109 GW.

 

6. Lithuania approves 1.7 GW/4 GWh of energy storage

Lithuania’s Ministry of Energy has completed a large-scale energy storage tender, planning to deploy 1.7 GW/4 GWh of storage capacity, far exceeding the initial target of 800 MWh. State subsidies cover 14.7% of the total investment, aimed at enhancing grid flexibility and promoting renewable energy. The project requires over €840 million in investment, with more than 50 applications received. The government has allocated an additional €37.33 million to support transmission grid balancing services.

 

7. Guyana commissions 0.6 MW solar farm on island

The Guyanese government has commissioned a 0.6 MW grid-forming solar farm with 1.2 MWh of storage on Leguan Island, achieving energy independence for the country’s second island. The $1.4 million project provides 10 hours of daily electricity, reducing diesel dependency and ensuring 24/7 clean power. The government continues to advance PV deployment, with national cumulative capacity reaching 17 MW by the end of 2024.

 

8. Solar to add 13 GW in Brazil in 2025 amid signs of slowdown

Brazil’s solar association forecasts 13.2 GW of new PV capacity in 2025, bringing the cumulative total to 67.1 GW, though growth has slowed compared to 2024. Both distributed and utility-scale additions have declined, facing challenges such as curtailment, grid constraints, and policy uncertainty. Energy storage is seen as a key solution, with current capacity at 800 MWh, but a clearer regulatory framework is needed. Brazil remains the world’s sixth-largest PV market but requires policy support to maintain its leading position.

 

9. Canada backs 32 MW Indigenous-owned solar project

The Canadian government will invest CAD 33.8 million (approximately $23.8 million) to support the George Gordon First Nation’s 32 MW Wicehtowak solar project in Saskatchewan. The project will supply power to a potash mining company under a 30-year PPA, marking the province’s first private renewable energy sales pilot. It is part of the federal Smart Renewable Energy Program, aimed at promoting clean electricity and creating long-term employment opportunities.

 

10. Solar leads as US grid interconnection agreements grow 33%

U. S. grid interconnection agreements reached 75 GW in 2024, a 33% year-on-year increase, setting a historical record. Solar and storage projects accounted for 75% (58 GW) of the total. Texas’ ERCOT led in processing speed due to efficient procedures, while New England’s ISO had the highest success rate but longest processing time. Natural gas interconnection applications increased but success rates fell by 25%. Wood Mackenzie expects solar to continue dominating the interconnection agreement market in 2025.

 

11. France to cut VAT to 5.5% for residential solar under 9 kW from October

France will reduce the VAT for residential solar systems under 9 kW from 20% to 5.5% starting October 2025. Eligibility requires modules with a carbon footprint below 530 kgCO₂eq/kW, silver content under 14 mg/W, and lead/cadmium content below 0.1% and 0.01%, respectively, verified by certified bodies. The move aims to promote the use of low-carbon, low-material-intensity PV modules.

 

12. Chinese PV Industry Brief: China’s solar capacity rises to 1.11 TW by July

By July 2025, China’s solar capacity reached 1.11 TW, a 50.8% year-on-year increase, with total national installed capacity at 3.67 TW. From January to July, 223.25 GW of new solar capacity was added, and solar generation accounted for nearly one-quarter of July’s electricity output. National electricity consumption exceeded 1 trillion kWh for the first time, with residential electricity use rising 18% year-on-year. Sungrow reported revenue of ¥43.53 billion, up 40.3% year-on-year. Jiangsu became the first province to introduce a V2G electricity pricing policy, with peak rates reaching ¥1.2245/kWh.