T1 Energy announced the completion of a series of strategic transactions with Trina Solar and other parties designed to secure its eligibility for Section 45X tax credits in 2026 under the One Big Beautiful Bill Act requirements. Over the past several months, the company raised substantial capital, repaid a significant portion of debt to Trina Solar using a combination of cash and common stock, and amended its certificate of incorporation to cap any prohibited foreign entity equity ownership at below 25 percent. It also restructured intellectual property licenses by transitioning from Trina Solar to Evervolt Green Energy, which T1 has certified as non-FEOC. Through supply-chain diligence, T1 has secured non-FEOC certifications for a portion of its solar cell purchases for 2026, while ramping up domestic polysilicon, wafer, cell and steel-frame sourcing—efforts it expects will further reinforce its material assistance compliance position.

In December, T1 Energy finalized a $160 million sale of Section 45X production tax credits to a leading investment-grade buyer at a negotiated rate of $0.91 per credit dollar. The credits, verified by an independent third party through year-end production, will be trued up in February 2026 following confirmation of December module output. Citigroup Global Markets served as financial advisor on the transaction. CFO Evan Calio highlighted that this milestone validates T1’s ability to monetize tax incentives, supports continued investment in its fully ramped G1 facility in Dallas, and underpins the construction of its G2 solar cell fabrication plant in Austin.