T1 Energy makes strategic investment in Talon

T1 Energy (TE) has made a strategic investment in Talon PV, acquiring a minority equity stake in the developer of a solar cell fab. T1 is advancing its own solar cell fab, the 5 GW G2_Austin project in Rockdale, Texas. The first phase is expected to come online in the fourth quarter of 2026. Talon is developing a 4.8 GW solar cell plant in Baytown, Texas. Both Texas-based companies plan to utilize advanced manufacturing to produce the most globally advanced commercially available solar cells in the U.S. Under terms of the deal, T1 has entered into a Simple Agreement for Future Equity to acquire an equity stake in Talon. T1 and Talon remain in discussions to potentially deepen the strategic relationship in the future.