TotalEnergies has sold around 170 MW of distributed rooftop solar assets in 7 European countries
It says this divestment supports its strategy of prioritizing utility-scale solar and wind projects over smaller distributed generation assets
The sale does not change TotalEnergies' renewable growth targets, with the company aiming to exceed 75 GW of renewable capacity by 2030
TotalEnergies, the French energy giant, has officially exited the distributed solar segment in Europe as part of its strategy to focus on large-scale wind and solar assets.
The French company has completed the sale of its distributed solar portfolio of around 170 MW across 7 European countries. The divested portfolio mainly comprises rooftop solar installations in France, Belgium, the Netherlands, Spain, Portugal, the United Kingdom, and Luxembourg.
With the transaction, TotalEnergies has exited its distributed solar generation business in these markets.
Amarenco and AMPYR Distributed Energy, the buyers of TotalEnergies’ assets, will continue to operate them and supply electricity to existing customers.
TotalEnergies says that distributed generation projects, typically below 3 MW, are less aligned with its business model than utility-scale solar and wind projects, where larger developments offer greater economies of scale.
The sale, it added, will not affect its renewable energy expansion plans. TotalEnergies claims to have installed 8 GW of gross renewable capacity over the past 12 months. By the end of April 2026, its gross renewable generation capacity had increased to nearly 36 GW.
It now aims to maintain the current pace of growth to exceed 75 GW of gross renewable capacity and produce more than 100 TWh of net electricity annually by 2030.
Earlier in March 2026, TotalEnergies sold a 50% stake in 11 battery energy storage projects in Germany, totaling 789 MW/1,628 MWh, to Allianz Global Investors, saying the deal supports its strategy of optimizing capital allocation in its integrated power business. The move followed similar stake sales in US solar and French renewable energy assets last year (see Europe Solar PV News Snippets).
