TotalEnergies has finalised the sale of its entire European distributed solar portfolio as part of a strategic pivot towards large-scale renewable energy projects.
The transaction involves approximately 170 MW of generation capacity, consisting primarily of rooftop solar installations spread across seven nations: the United Kingdom, France, Belgium, the Netherlands, Spain, Portugal, and Luxembourg. The assets have been acquired by Amarenco and AMPYR Distributed Energy, both of which will take over operations to guarantee uninterrupted supply to existing customers.
This move marks the complete exit of TotalEnergies from the distributed generation market in these specific countries. The energy major stated that its business model is less suited to smaller projects, which typically generate under 3 MW, compared to massive utility-scale wind and solar farms that offer significant economies of scale.
The divestment is not expected to slow the company’s overall renewable energy expansion. TotalEnergies reported installing 8 GW of gross renewable capacity over the past twelve months, bringing its total gross capacity to 35 GW at the end of March 2026. The firm intends to maintain this development pace to surpass 75 GW by 2030.
