TotalEnergies Divests Distributed Solar Assets in Europe to Focus on Utility-Scale Renewable Projects

TotalEnergies has completed the sale of its distributed solar generation assets across seven European countries as part of its strategy to focus on large-scale renewable energy projects.

According to an announcement published on the company’s official website on July 9, TotalEnergies has transferred approximately 170 MW of distributed solar assets, mainly rooftop solar installations, located in France, Belgium, the Netherlands, Spain, Portugal, the United Kingdom, and Luxembourg to Amarenco and AMPYR Distributed Energy.

Following the transaction, TotalEnergies will exit the distributed generation business in these European markets and shift its renewable energy focus toward utility-scale solar and wind projects, where larger project sizes can deliver stronger economies of scale.

TotalEnergies explained that distributed generation projects typically involve installations with a capacity of less than 3 MW, and this business model is less aligned with the company’s strategy compared with large-scale renewable power plants.

Amarenco and AMPYR Distributed Energy will continue operating the acquired assets to ensure uninterrupted electricity supply for existing customers.

The divestment does not represent a slowdown in TotalEnergies’ renewable energy expansion. Over the past 12 months, the company has added 8 GW of renewable energy capacity, bringing its total installed renewable capacity to 35 GW by the end of March 2026.

TotalEnergies plans to maintain this growth rate through 2030, with a target of exceeding 75 GW of renewable energy capacity worldwide.

The strategic shift reflects a broader trend among major energy companies, which are increasingly prioritizing large-scale solar and wind projects to improve efficiency, reduce costs, and accelerate renewable energy deployment.