AUSTIN, Texas and NEW YORK, Nov. 21, 2025 (GLOBE NEWSWIRE) — T1 Energy Inc. (NYSE: TE) (“T1,” “T1 Energy,” or the “Company”) Chairman and CEO Dan Barcelo held a discussion with U.S. Vice President JD Vance Thursday on the sidelines of a policy conference in Washington D.C.
“It was an honor to meet with Vice President Vance and discuss the resurgence of American energy and manufacturing,” said Dan Barcelo. “At T1, we are investing in energy from America, for America and by Americans. We are grateful for the Vice President’s time and attention to these critical matters. We want to thank the Vice President and the Administration for their pro-American growth economic and trade policies that have been foundational for T1’s strategy to build a domestic solar supply chain that is scalable, reliable and low cost.”
As previously announced, T1 Energy is moving forward with anticipated plans to start construction of the 2.1 GW phase of its G2_Austin solar cell fab before the end the year. In October, T1 raised a meaningful portion of the capital required to begin project construction through equity capital raises. This first phase is expected to begin producing solar cells in the fourth quarter of 2026, cost $400 – $425 million with a workforce of about 1,700.
T1 is committed to strengthening American energy dominance, reshoring manufacturing and establishing domestic solar supply chains.
T1 owns and operates one of the world’s most advanced solar module facilities, G1_Dallas, in Wilmer, Texas. It is expected to produce between 2.6 and 3.0 GW of solar modules in 2025. T1 is building an integrated, domestic silicon-based supply chain to manufacture scalable energy needed to meet rising demand for electricity from AI datacenters, industrialization and rising residential usage.
About T1 Energy
T1 Energy Inc. (NYSE: TE) is an energy solutions provider building an integrated U.S. supply chain for solar and batteries. In December 2024, T1 completed a transformative transaction, positioning the Company as one of the leading solar manufacturing companies in the United States, with a complementary solar and battery storage strategy. Based in the United States with plans to expand its operations in America, the Company is also exploring value optimization opportunities across its portfolio of assets in Europe.
To learn more about T1, please visit www.T1energy.com and follow us on social media.
Investor contact:
Jeffrey Spittel
EVP, Investor Relations and Corporate Development
[email protected]
Tel: +1 409 599 5706
Media contact:
Russell Gold
EVP, Strategic Communications
[email protected]
Tel: +1 214 616 9715
Cautionary Statement Concerning Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation with respect to: the U.S. government’s policy aims and agenda; T1’s investment in energy from America and strategy to build a scalable, reliable and low cost domestic solar supply chain; T1’s timeline, cost and execution of the construction of G2_Austin; the expected benefits and job creation from G2_Austin; T1’s expected production output and ability to build an integrated, domestic silicon-based supply chain to manufacture scalable energy needed meet rising demand for electricity. These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause actual future events, results, or achievements to be materially different from the Company’s expectations and projections expressed or implied by the forward-looking statements. Important factors include, but are not limited to, those discussed under the caption “Risk Factors” in (i) T1’s Annual Report on Form 10-K for the year ended December 31, 2024 filed with the U.S. Securities and Exchange Commission (the “SEC”) on March 31, 2025, as amended and supplemented by Amendment No. 1 on Form 10-K/A filed with the SEC on April 30, 2025, (ii) T1’s Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2025 filed with the SEC on May 15, 2025, as amended and supplemented by Amendment No. 1 on Form 10-Q/A filed with the SEC on August 18, 2025, (iii) T1’s Quarterly Report on Form 10-Q for the period ended June 30, 2025, filed with the SEC on August 19, 2025, (iv) T1’s Quarterly Report on Form 10-Q for the period ended September 30, 2025, filed with the SEC on November 14, 2025, (v) T1’s Post-Effective Amendment No. 1 to the Registration Statement on Form S-3 filed with the SEC on January 4, 2024, (vi) T1’s Registration Statement on Form S-4 filed with the SEC on September 8, 2023 and subsequent amendments thereto filed on October 13, 2023, October 19, 2023 and October 31, 2023, and (vii) T1’s Registration Statements on Form S-3 filed with the SEC on September 23, 2025, November 17, 2025 and November 17, 2025, respectively. All of the above referenced filings are available on the SEC’s website at www.sec.gov. Forward-looking statements speak only as of the date of this press release and are based on information available to the Company as of the date of this press release, and the Company assumes no obligation to update such forward-looking statements, all of which are expressly qualified by the statements in this section, whether as a result of new information, future events or otherwise, except as required by law.
T1 intends to use its website as a channel of distribution to disclose information which may be of interest or material to investors and to communicate with investors and the public. Such disclosures will be included on T1’s website in the ‘Investor Relations’ section. T1, and its CEO and Chairman of the Board, Daniel Barcelo, also intend to use certain social media channels, including, but not limited to, X, LinkedIn and Instagram, as means of communicating with the public and investors about T1, its progress, products, and other matters. While not all the information that T1 or Daniel Barcelo post to their respective digital platforms may be deemed to be of a material nature, some information may be. As a result, T1 encourages investors and others interested to review the information that it and Daniel Barcelo posts and to monitor such portions of T1’s website and social media channels on a regular basis, in addition to following T1’s press releases, SEC filings, and public conference calls and webcasts. The contents of T1’s website and its and Daniel Barcelo’s social media channels shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/baad0616-70e4-4168-920d-67929129218a
