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T1 Energy Takes Minority Stake in Talon PV to Boost U.S. Solar Cell Manufacturing

The investment signals a push to scale U.S. TOPCon cell manufacturing supported by federal incentives.

Overview

  • T1 executed a Simple Agreement for Future Equity to acquire a minority position in Talon PV.
  • Both companies plan Texas TOPCon cell fabs: T1’s 5 GW G2_Austin in Rockdale targeting first output in Q4 2026, and Talon’s 4.8 GW Baytown facility aiming for commercial availability starting in Q1 2027.
  • The firms say the projects would expand domestic capacity and build non-FEOC supply chains to strengthen energy security.
  • T1 shares traded up about 16% premarket after the announcement, reflecting immediate market reaction.
  • T1 cites its 5 GW G1_Dallas module plant and a Corning agreement for Michigan-made polysilicon and wafers as building blocks for an integrated U.S. solar supply chain.