Why is TotalEnergies exiting small-scale solar projects in Europe?

TotalEnergies is exiting small-scale solar projects in Europe to focus on larger power projects that benefit from economies of scale, as part of a strategic shift toward more diversified and scalable clean energy investments while maintaining growth in overall generation capacity.

What specific assets did TotalEnergies sell, and to whom?

TotalEnergies sold distributed solar assets totaling 170 megawatts across seven European countries—including France—to developers Amarenco Solar and Ampyr Distributed Energy; the company did not disclose the financial value of the deal.

TotalEnergies Exits From Small-Scale Solar Projects in Europe

Jul 9, 2026

TotalEnergies sold 170MW of distributed solar assets in Europe to focus on larger projects and gas-fired power generation, reflecting a strategic shift among European oil majors amidst disappointing renewable returns.

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