T1 Energy has made a minority investment in Talon PV through a SAFE agreement to strengthen vertical integration
Talon PV is building a 4.8 GW TOPCon solar cell plant in Baytown, Texas, targeted for early 2027 commissioning
The 2 companies state that their partnership enhances vertical integration and supports compliant, non-FEOC US solar manufacturing
US-based solar PV manufacturer T1 Energy has announced a strategic investment by acquiring a minority stake in Texas-headquartered solar cell producer, Talon PV, a move that’s aimed at strengthening its vertical integration.
T1 has entered into a Simple Agreement for Future Equity (SAFE) to acquire an equity stake in Talon PV, which is constructing a 4.8 GW TOPCon solar cell plant in Baytown, slated for commercial availability in early 2027. They may deepen their strategic relationship in the future, said T1.
Talon PV is also setting up a pilot production line at Fraunhofer ISE’s PV-TEC center in Germany to support the US cell fab (see TALON PV & Fraunhofer ISE Advance 4 GW US Solar Cell Fab).
T1 Energy is currently developing its 5 GW G2_Austin solar cell production project in Rockdale, Texas, with Phase I expected to begin operations in Q4 2026. It also owns the 5 GW G1_Dallas solar module facility in Wilmer, Texas, which it acquired from Trinasolar. It recently signed a long-term agreement with Corning for US-manufactured polysilicon and wafer supply (see T1 Energy Locks In US-Produced Silicon Wafer Supply With Corning).
Both companies underlined that their projects – backed by the One Big Beautiful Bill Act (OBBBA) and 45X tax incentives – are expected to help reshore jobs, expand domestic supply chains, and meet increasing electricity demand driven by artificial intelligence, industrial growth, and residential consumption.
“We are excited by the opportunity to invest in another American solar energy project that complements our G2_Austin development,” said T1 CEO and Chairman of the Board, Daniel Barcelo. “Expanding the output of American solar cells is necessary to support energy security, achieve regulatory compliance and build an American solar industry based on advanced manufacturing and cutting-edge solar technology.”
Adam Tesanovich, the CEO of Talon PV, which is majority owned by diversified industrial firm Eagle Group, added that the partnership reinforces US solar manufacturing and supports the creation of scalable, non-FEOC domestic supply chains.
Tesanovich was part of an executive panel discussion at the TaiyangNews Solar – Made in the USA Conference at RE+ 2025, along with top leadership from practically the entire US solar manufacturing industry, which was sponsored by T1 Energy (see US Solar Leaders Chart Path To Domestic Manufacturing).