TotalEnergies Divests 170 MW Distributed Solar Portfolio Across 7 European Countries

TotalEnergies has completed the sale of its distributed solar generation business across seven European countries as part of its strategy to focus on larger renewable energy projects. The divestment includes around 170 MW of distributed solar assets, mainly rooftop solar installations, located in France, Belgium, the Netherlands, Spain, Portugal, the United Kingdom, and Luxembourg.

With this transaction, the company has officially exited its distributed solar generation activities in these markets. The assets have been acquired by Amarenco and AMPYR Distributed Energy, which will continue operating the projects and ensure uninterrupted electricity supply to existing customers.

The move aligns with TotalEnergies’ long-term renewable energy strategy of prioritizing large utility-scale solar and wind farms. According to the company, distributed generation projects are generally below 3 MW in capacity and do not provide the same economies of scale as larger renewable energy developments. By concentrating on utility-scale projects, TotalEnergies aims to improve efficiency and strengthen its position in the global renewable energy sector.

The company stated that the divestment will not affect its renewable energy growth plans. Over the past twelve months, TotalEnergies added 8 GW of gross renewable capacity, taking its total gross installed renewable capacity to 35 GW as of the end of March 2026. It plans to maintain this pace of development through 2030, with the objective of exceeding 75 GW of gross renewable capacity worldwide.