T1 Energy Completes Transactions with Trina Solar to Ensure Section 45X Tax Credit Eligibility
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Globenewswire
- Compliance Transactions Completed: T1 Energy has concluded transactions with Trina Solar and other parties to ensure its eligibility for Section 45X tax credits in 2026, reflecting the company's commitment to compliance after months of detailed efforts and capital raising.
- Significant Debt Repayment: T1 raised substantial capital in late 2025 and used part of it to repay debt to Trina Solar, resulting in a debt percentage below the compliance threshold set by the OBBBA, thereby enhancing financial stability.
- Intellectual Property Restructuring: T1 has shifted its licensing of certain patents from Trina Solar to Evervolt Green Energy Holding Pte Ltd., confirming through due diligence that Evervolt is not a FEOC, thus ensuring compliance in intellectual property matters.
- Domestic Supply Chain Development: T1 is building a domestic supply chain, sourcing polysilicon from Hemlock Semiconductor and wafers from Corning, which is expected to further bolster its material assistance compliance efforts and support future production plans.
TE
$6.42+Infinity%1D
Analyst Views on TE
Wall Street analysts forecast TE stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TE is 3.00 USD with a low forecast of 3.00 USD and a high forecast of 3.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 6.800
Low
3.00
Averages
3.00
High
3.00
Current: 6.800
Low
3.00
Averages
3.00
High
3.00
About TE
T1 Energy Inc., formerly FREYR Battery, Inc., is an energy solutions provider. The Company is engaged in building an integrated United States supply chain for solar and batteries. It is involved in solar manufacturing with a complementary solar and battery storage strategy. The Company produces photovoltaic (PV) solar modules for the Utility-Scale, commercial and industrial (C&I) and residential markets in the United States from its first operating facility, the G1 Dallas solar module Gigafactory in Wilmer, Texas.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
