T1 Energy hits record 1.13 GW Q4 production, trims G2_Austin capex to $350M
T1 Energy reported record Q4 2025 module production of 1.13 GW and net sales of $358.5 million, driving full-year output to 2.79 GW. Construction of the 2.1 GW Phase 1 G2_Austin plant is on schedule for steel erection in April, reducing remaining capex to $350 million and maintaining a Q4 2026 production start target.
1. Record Q4 and Full-Year Production
T1 Energy achieved a record quarterly module output of 1.13 GW at its G1_Dallas facility in Q4 2025, generating net sales of $358.5 million. For the full year, G1_Dallas produced 2.79 GW, meeting the company’s guidance range of 2.6–3.0 GW and securing two large utility-scale customers during the quarter.
2. G2_Austin Construction Progress
Construction of T1’s flagship 2.1 GW Phase 1 solar cell fab in Austin began in mid-December and is on schedule to commence steel erection in April. Long-lead equipment has been ordered, including a turnkey production line from Laplace Renewable Energy Technology, and early cash deployment has lowered the remaining Phase 1 capex to approximately $350 million.
3. Capital Formation Initiatives
T1 has been advancing parallel funding pathways in private and public markets to finance the $350 million remaining for G2_Austin Phase 1. The company expects to finalize the optimal funding solution early in Q2 2026 to achieve full financial close and preserve Section 45X tax credit eligibility.
4. Board of Directors Updates
T1’s board elected energy veteran Robert Hammond as an independent director, assigning him to the Audit and Risk Committee and the Compensation Committee. Simultaneously, directors Tore Ivar Slettemoen and Mingxing “Charles” Lin resigned, marking a transition as the company scales its U.S. solar supply chain.