TotalEnergies Exits European Distributed Generation Business, Targets Utility-Scale Growth

TotalEnergies has completed the divestment of all its distributed solar assets (around 170 MW) to refocus its attention on its renewable development on large utility-scale solar and wind farms to benefit from economies of scale. In a press release, TotalEnergies explained that its focus is mainly on rooftop installations, across 7 European countries (France, Belgium, the Netherlands, Spain, Portugal, the United Kingdom and Luxembourg) to Amarenco and AMPYR Distributed Energy . Thus. it has now ended its distributed generation activities in these countries. Distributed generation involves the development of projects generally below 3 MW, for which TotalEnergies’ business model is less suited than for large utility-scale power plants that offer economies of scale. Amarenco and AMPYR Distributed Energy will continue to operate the assets in order to ensure continued supply to customers. TotalEnergies Distributed Renewable Bussienss in Europe Prior to the divestment, TotalEnergies had developed several distributed solar projects across Europe, including rooftop installations for Sanofi in Spain, Hutchinson in Madrid, and Norsk Hydro in the Netherlands, as well as onsite solar projects for Lhoist across Spain and Portugal and Materne in Belgium. The company had also emerged as one of France's leading commercial and industrial rooftop solar developers, securing over 80 MW in the country's 2024 CRE rooftop solar tender. No Impact On Renewable Bussiness TotalEnergies clarified that this divestment will have no impact on its pace of development in renewables. The company has installed around 8 GW of gross renewable capacity in last twelve months, reaching 35 GW of gross capacity at end-March 2026, and aims to maintain this annual pace through to 2030 to reach more than 75 GW. TotalEnergies is building a competitive portfolio that combines renewables (solar, onshore wind, offshore wind ) and flexible assets (CCGT, storage) to deliver clean firm power to its customers. By the end of April 2026, TotalEnergies holds nearly 36 GW of gross renewable power generation capacity and aims to achieve over 100 TWh of net electricity production by 2030.