NYSE:TESemiconductor
Is T1 Energy (TE) A Bargain On Its 641 MW Clearway Solar Deal?
T1 Energy (TE) signed a new contract to supply Clearway Energy Group with 641 MW of solar modules using domestic cells. This deal puts the company’s US manufacturing footprint and traceable supply chain in sharper focus.
See our latest analysis for T1 Energy.
The Clearway contract lands after a sharp 47.04% 7 day share price return and follows fresh sales guidance alongside a planned US$120 million convertible notes issue in late July. Even so, the stock sits at US$5.47 with the year to date...