TotalEnergies has sold its 170-megawatt (MW) portfolio of distributed solar assets across Europe as it shifts its renewable energy strategy toward larger utility-scale solar and wind projects.

The assets, which are mainly rooftop solar installations, are located in Belgium, France, Luxembourg, the Netherlands, Portugal, Spain and the United Kingdom. They were acquired by renewable energy firms Amarenco and AMPYR Distributed Energy (ADE).

The French energy company said the divestment is part of its plan to focus on large-scale renewable developments, where bigger projects offer greater operational efficiencies and stronger economies of scale than smaller distributed installations.

Despite the sale, TotalEnergies said its renewable energy expansion plans remain unchanged. The company added 8 gigawatts (GW) of gross renewable capacity over the past year, increasing its total installed renewable capacity to 35GW as of the end of March 2026. It is targeting more than 75GW of renewable capacity by 2030.

Amarenco said the acquisition supports its ambition to reach 1GW of installed capacity and generate one terawatt-hour (TWh) of electricity annually within the next 24 months.

AMPYR Distributed Energy said it acquired 70MW of the portfolio across 17 sites in Belgium, Luxembourg, the Netherlands, the UK and the Iberian Peninsula. The deal increases the company’s contracted renewable energy capacity to 250MW.

The company noted that the acquired assets are backed by long-term power purchase agreements with corporate customers, strengthening its ability to provide on-site renewable energy solutions for businesses operating across multiple European markets.