T1 Energy Invests In Talon PV, Acquires Minority Stake To Strengthen U.S. Solar Manufacturing With 4.8 GW Baytown Facility And 5 GW Rockdale Fab

T1 Energy Inc., a leading U.S. energy company, has announced a strategic investment in Talon PV LLC, acquiring a minority equity stake in the solar technology developer. Talon is currently developing a 4.8 GW solar cell manufacturing facility in Baytown, Texas, while T1 Energy is advancing its own 5 GW G2_Austin solar cell fab in Rockdale, Texas. The first phase of T1’s G2_Austin project is expected to become operational in the fourth quarter of 2026.

Both Texas-based projects are focused on advancing domestic solar manufacturing using cutting-edge technology to produce the most advanced commercially available solar cells in the United States. These efforts align with the broader national objective of strengthening America’s clean energy supply chain and reducing dependence on foreign imports.

T1 Energy’s investment in Talon represents a key example of American companies driving domestic energy growth, supported by President Trump’s OBBBA initiative and 45x tax credits. The projects are expected to create new manufacturing jobs in Texas and help meet the nation’s increasing energy demand, driven by the rapid growth of artificial intelligence, industrial expansion, and residential electrification.

Both T1 and Talon’s facilities will manufacture TOPCon solar cells, a technology that leverages quantum tunneling—a scientific breakthrough that recently earned the Nobel Prize in Physics. These advanced cells are considered among the most efficient and technologically sophisticated in the world, underscoring the companies’ commitment to innovation and energy efficiency. Under the terms of the investment, T1 Energy has entered into a Simple Agreement for Future Equity (SAFE) to acquire its minority stake in Talon. The two companies are also exploring opportunities to further expand their strategic collaboration in the future.

“We are excited by the opportunity to invest in another American solar energy project that complements our G2_Austin development,” said Daniel Barcelo, Chief Executive Officer and Chairman of the Board of T1 Energy. “Expanding the production of American-made solar cells is essential for achieving energy security, regulatory compliance, and the creation of a sustainable solar manufacturing industry built on advanced technologies.”

T1 Energy currently owns and operates the 5 GW G1_Dallas solar module facility located in Wilmer, Texas. Earlier this year, the company signed a long-term agreement with Corning Inc. to source polysilicon and solar wafers produced in Michigan, reinforcing its commitment to building a fully domestic and reliable solar supply chain.

Adam Tesanovich, co-founder and Chief Executive Officer of Talon, stated, “Our partnership with T1 Energy strengthens the foundation of U.S. solar manufacturing. Together, we’re developing scalable, non-FEOC supply chains that deliver true domestic content and enhance America’s energy independence and national security.”

Talon PV LLC is a privately held U.S.-based company developing an advanced 4.8 GW TOPCon solar cell manufacturing facility, with commercial operations expected to begin in the first quarter of 2027. The company is majority owned by Eagle Group, a diversified industrial enterprise with a long-standing focus on investing in and advancing American energy production.