T1 acquired solar patents and other intellectual property rights from Evervolt for $135 million; it monetized remaining 2025 Section 45X tax credits for $39.1 million.
G2_Austin Phase 1 capex guidance rose to $510 million from $425 million; first solar cells are now expected in Q1 2027.
Preliminary Q2 results and cash position
T1 Energy posted preliminary Q2 2026 net sales of $245 million-$255 million on module sales volumes of about 835 MW.
Net loss from continuing operations is seen at $34 million-$37 million; adjusted EBITDA is projected at a loss of $14.5 million-$11.5 million.
Cash, cash equivalents, and restricted cash totaled $156.4 million at June 30, including $79.1 million of unrestricted cash.
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