TotalEnergies finalizes the sale of approximately 170 MW of distributed solar assets, mainly rooftop installations, across seven European countries, to Amarenco and AMPYR Distributed Energy, as part of a strategic refocus on large-scale renewable projects.
TotalEnergies has finalized the sale of all its distributed solar generation assets in Europe, representing approximately 170 MW of installed capacity, mainly rooftop installations. The transaction covers seven countries — France, Belgium, the Netherlands, Spain, Portugal, the United Kingdom and Luxembourg — and involves two separate buyers: Amarenco and AMPYR Distributed Energy.
TotalEnergies justifies this divestiture by its strategy of concentrating on large-scale solar and wind farms, deemed more suited to its business model thanks to economies of scale. Distributed generation covers projects whose capacity is generally below 3 MW — a segment where other players remain active, as demonstrated by Activ8 Solar Energies beginning Ireland’s largest rooftop solar installation or Octopus Energy France launching a national partner network for residential solar. The company considers this segment less relevant than the large-scale renewable energy production projects it intends to prioritize.
Amarenco and AMPYR Distributed Energy will ensure the continued operation of the transferred assets, guaranteeing electricity production for existing customers across the seven markets concerned. TotalEnergies thus ends its distributed generation activities in these European countries.
TotalEnergies states that these divestitures have no impact on its pace of development in renewable energy. The company claims to have installed 8 GW of gross renewable capacity over the past twelve months, bringing its total gross capacity to 35 GW at end of March 2026. It aims to maintain the same annual pace through 2030 to exceed 75 GW.
At end of April 2026, TotalEnergies held close to 36 GW of gross renewable electricity production capacity, according to its own data. The company targets net electricity production of more than 100 TWh by 2030. Its portfolio combines renewable assets — solar, onshore wind and offshore wind — with flexible assets, including combined cycle gas turbine (CCGT) plants and storage, to supply low-carbon electricity on a continuous basis.
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