TotalEnergies sells its distributed solar generation in Europe
TotalEnergies announced the sale of all its distributed solar generation assets in seven European countries, a move that marks the company's exit from this business segment to focus its investments on large-scale solar and wind farms. This decision is part of the company's strategy to promote larger-scale projects and bolster the growth of its renewable energy capacity.
TotalEnergies closes the sale of 170 MW of solar assets
The operation comprises approximately 170 MW of installed capacity, consisting mainly of rooftop photovoltaic systems and other small-scale installations. The assets are distributed across France, Belgium, the Netherlands, Spain, Portugal, the United Kingdom, and Luxembourg .
With this divestment, TotalEnergies is ending its distributed solar power generation activities in these European markets. The company believes that this model, based on projects generally smaller than 3 MW, is less aligned with its growth strategy than large-scale power plants.
Amarenco and AMPYR will assume the operation of the assets
Following the closing of the transaction, Amarenco and AMPYR Distributed Energy will be responsible for operating the acquired assets. Both companies will guarantee the continuity of energy supply for customers connected to these facilities.
In this way, the transition of assets seeks to develop without affecting the provision of the service while the new owners continue with the operation of the solar generation projects.
TotalEnergies prioritizes large renewable energy projects
The sale is in line with the company's objective of concentrating resources on large solar and wind farms, where it believes there are greater economies of scale and better conditions for increasing renewable electricity production.
This change in focus does not imply a reduction in its commitment to renewable energy. According to the company, it added 8 GW of gross renewable capacity over the past twelve months , allowing it to reach 35 GW by the end of March 2026. Furthermore, it maintains its forecast of adding a similar volume each year until 2030 to exceed 75 GW of installed capacity.
Distributed generation gives way to large plants
The decision reflects a trend among several energy companies, which are prioritizing investments in large-capacity facilities over smaller projects. While large plants allow for optimized construction, operation, and maintenance costs, distributed generation typically requires more fragmented management adapted to multiple locations.
In this context, specialized companies such as Amarenco and AMPYR Distributed Energy find an opportunity to expand their presence in a segment that continues to have demand among companies and consumers.
TotalEnergies maintains its growth in renewables
The company explained that its portfolio will continue to combine renewable generation through solar, onshore and offshore wind power along with flexible assets such as storage and backup gas plants to ensure a constant supply.
According to its forecasts, TotalEnergies expects to have approximately 36 GW of gross renewable capacity by 2026 and produce more than 100 TWh of net electricity by 2030 , maintaining sustainability as one of the central pillars of its business strategy.
News of additional interest
China is putting pressure on Saudi Arabia over crude oil.
Several Chinese refineries have reduced their purchases of Saudi oil for August due to a combination of lower domestic demand, better offers from other Gulf producers, and uncertainty surrounding the Strait of Hormuz. Some plants even forfeited planned shipments under their contracts with Saudi Aramco, while others did not receive provisional allocations for the coming month.
Saudi Arabia has responded by lowering the price of its Arab Light crude for Asia in an effort to regain competitiveness. Even so, several exporters are maintaining larger discounts and have terminals that bypass the Strait of Hormuz. For Chinese refineries, this represents an opportunity to reduce purchasing and transportation costs at a time when refining margins remain under pressure.
Halliburton secures contracts for GranMorgu in Suriname
Halliburton has secured contracts to develop the drilling and well completion phases of the GranMorgu offshore project, located in the deep waters of Suriname and operated by TotalEnergies. The agreement includes a long-term program that will integrate planning, engineering, and operations using digital tools and automated systems to improve efficiency during well construction.
The company will also use real-time data and remote control to optimize operations and improve the accuracy of its work. In addition, the project includes investments in local infrastructure, the modernization of mud and cement facilities, and the construction of the country's first specialized well drilling and completion workshop. Halliburton also plans to strengthen the participation of local workers and suppliers.
DeepOcean completes dismantling in the North Sea
DeepOcean has completed the removal of subsea infrastructure at the Seven Seas and Grove West fields, operated by Spirit Energy in the southern North Sea. The project included the recovery of a protective structure weighing over 100 tons and the disconnection of subsea equipment using tools developed by the company itself. The operations were carried out from the vessel Edda Freya and were part of the decommissioning program for both fields.
The company used remotely operated vehicles and specialized technologies to carry out the work without the need for divers. Furthermore, the recovered materials were sent for reuse, recycling, or responsible disposal. Spirit Energy highlighted that over 95% of the materials from its decommissioned assets have been recycled thanks to collaboration with specialized companies and suppliers in the UK.
Aker Solutions will design Bellrock's electrical system
Nadara has selected Aker Solutions to conduct the electrical infrastructure studies for the Bellrock floating offshore wind farm, a 1.8 GW project located off the coast of Scotland. The work will be carried out by the Entr division and Unitech Power Systems, who will analyze different transmission system configurations to determine the most efficient option, from offshore generation to connection with the onshore grid.
The study will evaluate elements such as marine and onshore substations, export cables, and grid integration. It will also include cost estimates, timelines, and supply chain capacity to support future design, permitting, procurement, and investment decisions as the project progresses through its development process.