NYSE:TEElectrical
Why T1 Energy (TE) Is Up 20.2% After Launching Its Texas Solar Cell Fab Buildout And Financing
T1 Energy has already begun construction on its G2_Austin solar cell fab in Milam County, Texas, a US$400–US$425 million project expected to deliver 2.1 GW of high-efficiency TOPCon solar cell capacity in its first phase by the end of 2026, supplying its 5 GW G1_Dallas module facility.
By pairing this scale-up with recent equity and convertible note offerings that raised about US$304.2 million, T1 is moving toward a largely domestic, FEOC-compliant solar supply chain that could appeal to...