Waveshare esp32 with external 5v power does not work

Hardware
1

Hi!
I’ve recycled a ESP32 Waveshare driver board (link) for a simple project (one led and one sensor).
The project work perfectly and it connect to HA. But only when is connected and powered by USB to PC.
When I connected to HLK-PM01 AC DC 220V a 5V 0.6A the power led on the ESP32 is on but dont work, it does not connect to wifi.
I connected the + to pin 5V and the - to GND.
I have tested the pins and there is correctly 3.3v and 5v to the pins power.

Has anyone had similar experiences?
I know that this board is limited but I don’t understand why it shouldn’t work with an external power supply while via USB it can?
Thank you

2

Obvious question: Did you try another power supply? 600mA should be enough, but…

3

@koying
I just tried a 5v 1A power supply but it doesn’t work…
But why does the LED ‘power’ is ON if it doesn’t work?

4

Idea would have been that there was enough power for the LED, but not enough for Wifi…
Does it work with a phone charger on the USB port? If so, I would guess it’s a peculiarity of that board…