T1 Energy Inc. has announced a strategic investment in Talon PV LLC, a private company developing a 4.8 gigawatt (GW) solar cell manufacturing facility in Baytown, Texas. The move is part of T1’s broader industrial strategy to strengthen domestic production of photovoltaic components and expand its U.S.-based supply network.
The deal is structured as a Simple Agreement for Future Equity (SAFE), allowing T1 to acquire a minority equity stake in Talon. Financial terms were not disclosed. Both companies confirmed they are in talks to potentially deepen their collaboration, though details of any future partnership remain unspecified.
Two large-scale solar projects in Texas
T1 Energy is simultaneously developing its own production site, the 5 GW G2_Austin project in Rockdale, also in Texas. The first phase of this facility is scheduled to come online in the fourth quarter of 2026. Both sites aim to manufacture TOPCon solar cells, a technology based on quantum tunnelling, which was awarded the Nobel Prize in Physics earlier this week.
T1 Energy also owns another 5 GW solar module facility in Wilmer, Texas, known as G1_Dallas. The company recently signed a long-term agreement with Corning Inc. to secure polysilicon and solar wafers produced in Michigan, further reinforcing its domestically sourced supply chain.
Reindustrialisation and domestic content
The Talon and T1 projects come amid increased federal support for the solar industry, notably through tax credits from the OBBBA plan and the 45x incentive scheme. According to the companies, both facilities are expected to help reshore jobs and power growing electricity demand driven by artificial intelligence, industrial growth and residential consumption.
TOPCon cells are considered the most advanced solar technology currently available in the U.S. Their domestic production enables the involved companies to claim higher domestic content in their finished products, a key criterion in public procurement and certain long-term energy supply contracts.
Private ownership and industrial backing
Talon PV LLC is majority owned by Eagle Group, a diversified industrial firm active in various segments of American energy production. The Baytown facility is expected to begin commercial operations in the first quarter of 2027. It aims to deliver scalable, non-FEOC supply chains in response to specific regulatory requirements.
T1 Energy’s leadership stated that the investment is intended to consolidate national manufacturing infrastructure while supporting higher-margin products featuring U.S. content. The company has not disclosed the financial impact of the transaction on its performance.
