Finance

TotalEnergies plans to reduce renewable power holdings outside US, Brazil, Europe

Published by Global Banking & Finance Review

Posted on September 29, 2025

1 min read

· Last updated: January 21, 2026

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TotalEnergies plans to reduce renewable power holdings outside US, Brazil, Europe
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PARIS (Reuters) -TotalEnergies plans to divest from all renewable power holdings except those in the United States, Brazil and Europe, gas, renewables and power president Stephane Michel said on

TotalEnergies to Concentrate Renewable Investments in Key Regions

(Corrects September 29 story to state Total would focus its renewable holdings on three primary regions, not that it would divest all holdings outside those areas)

PARIS (Reuters) -TotalEnergies plans to focus its renewable power holdings on the United States, Brazil and Europe, gas, renewables and power president Stephane Michel said on Monday. 

Currently, 25% of the French oil major's operational renewables portfolio comes from its stake in Adani wind and solar assets.

(Reporting by America Hernandez; Writing by Makini Brice; Editing by Jan Harvey)

Key Takeaways

  • TotalEnergies to concentrate renewables in US, Brazil, Europe.
  • 25% of renewables from Adani wind and solar assets.
  • Stephane Michel announces strategic focus shift.
  • Correction: Not divesting all holdings outside key regions.
  • Renewable strategy aims for optimized regional investments.

Frequently Asked Questions

What regions will TotalEnergies focus its renewable holdings on?
TotalEnergies plans to focus its renewable power holdings on the United States, Brazil, and Europe.
What percentage of TotalEnergies' renewables portfolio comes from Adani?
Currently, 25% of TotalEnergies' operational renewables portfolio comes from its stake in Adani wind and solar assets.
Who is the gas, renewables, and power president of TotalEnergies?
Stephane Michel is the gas, renewables, and power president of TotalEnergies.

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