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From News Desk

TotalEnergies announces that it has completed the divestment of all its distributed solar assets (around 170 MW), mainly rooftop installations, across 7 European countries (France, Belgium, the Netherlands, Spain, Portugal, the United Kingdom and Luxembourg) to Amarenco and AMPYR Distributed Energy. The Company has thus 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. This divestment will have no impact on TotalEnergies’ pace of development in renewables, as the Company installed 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.