GBAF Logo
TotalEnergies plans to reduce renewable power holdings outside US, Brazil, Europe - Finance news and analysis from Global Banking & Finance Review
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: September 29, 2025

Add as preferred source on Google
sustainability renewable energy investment portfolios

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.

Tags

Related Articles

Image for UK deploys warship to Middle East with eye on potential Hormuz mission

UK deploys warship to Middle East with eye on potential Hormuz mission

Image for Magyar sworn in as Hungary's prime minister on promises of change

Magyar sworn in as Hungary's prime minister on promises of change

Image for Magyar sworn in as Hungary's prime minister

Magyar sworn in as Hungary's prime minister

Image for Putin tells Fico: Russia will meet Slovakia's energy demand

Putin tells Fico: Russia will meet Slovakia's energy demand

Image for Germany, France, Belgium, Ireland, Netherlands to send planes for passengers on hantavirus-hit cruise ship

Germany, France, Belgium, Ireland, Netherlands to send planes for passengers on hantavirus-hit cruise ship

Image for UK PM Starmer names former PM Gordon Brown as special envoy on global finance

UK PM Starmer names former PM Gordon Brown as special envoy on global finance

More from Finance

Explore more articles in the Finance category

Image for WHO reports six confirmed hantavirus cases tied to Spain-bound cruise
WHO reports six confirmed hantavirus cases tied to Spain-bound cruise
Image for Russia holds scaled-back WW2 victory parade as worries over war in Ukraine deepen
Russia holds scaled-back WW2 victory parade as worries over war in Ukraine deepen
Image for Colombia urges Glencore to discuss Cerrejon coal mine closure with local authorities
Colombia urges Glencore to discuss Cerrejon coal mine closure with local authorities
Image for India orders antitrust probe into liquor giant Pernod's dealing with retailers
India orders antitrust probe into liquor giant Pernod's dealing with retailers
Image for Apple, Intel have reached preliminary chip-making deal, WSJ reports
Apple, Intel have reached preliminary chip-making deal, WSJ reports
Image for Analysis-A divided kingdom: pro-independence parties surge across Britain
Analysis-A divided kingdom: pro-independence parties surge across Britain
Image for US says it will revert to higher tariffs on EU goods if Brussels misses July 4 deadline
US says it will revert to higher tariffs on EU goods if Brussels misses July 4 deadline
Image for UK watchdog says car finance legal challenge hearing unlikely before October
UK watchdog says car finance legal challenge hearing unlikely before October
Image for Denmark's coalition talks break down in setback for prime minister Frederiksen
Denmark's coalition talks break down in setback for prime minister Frederiksen
Image for Bank of England's Bailey sees 'wrestle' with US on stablecoin regulation
Bank of England's Bailey sees 'wrestle' with US on stablecoin regulation
Image for Recognition for Fastest Growing Wealth Management Software Solution Provider 2026
Recognition for Fastest Growing Wealth Management Software Solution Provider 2026
Image for Fastest Growing Virtual Office Assistant Outsourcing Company 2026—Call for Entries
Fastest Growing Virtual Office Assistant Outsourcing Company 2026—Call for Entries
View All Finance Posts