T1 Energy Locks In 1.58GW of TOPCon Module Offtakes for 2027-2028 Deliveries

T1 Energy Inc. signed new offtake deals totaling more than 1.58GW of TOPCon solar modules for delivery in 2027 and 2028, the company said in a release covered by TradingView. More than 4GW of the company's 2027 capacity is now under contract.

Inside the T1 Energy Offtake Agreements

T1 Energy is an Austin, Texas-based solar and battery manufacturer listed on the NYSE under the ticker TE. It runs a 5 GW module plant, G1_Dallas, and is building a 5 GW TOPCon cell fab, G2_Austin.

The new contracts cover TOPCon modules, a higher-efficiency product line. Cells for the modules will come from a mix of imports and domestic output from the G2_Austin fab, which is still under construction. Deliveries are scheduled across 2027 and 2028.

The company said more than 4GW of its 2027 capacity is now under contract. Phase 1 of G2_Austin is due in the first quarter of 2027, according to the release.

T1 Energy's Manufacturing Footprint

According to akta.pro company records, T1 Energy's G1_Dallas plant in Wilmer, Texas, has 5 GW of nameplate solar module production capacity. The planned G2_Austin cell fab in Milam County, Texas, is designed for about 5 GW of capacity, with a potential expansion to 5.3 GW.

The same records show T1 Energy produced 2.79 GW of solar modules in 2025. The company has 11 funding rounds on record, including a $120 million post-IPO debt round in July 2026 and a $160 million post-IPO debt round in April 2026.

G2_Austin Funding and Output Before the Deals

T1 Energy priced a private placement of $50 million of 4.75% convertible senior notes due 2031 in September 2026, according to The future of trading. The notes were priced at $50.4 million in gross proceeds, with closing expected September 30, 2026, and net proceeds earmarked for the Phase 1 buildout of the G2_Austin solar cell fab.

In its second-quarter 2026 results, T1 Energy reported net sales of $250.1 million and G1_Dallas production of 935 MW, alongside a net loss of $36.9 million, Insider Trading & Hedge Fund Data reported. G2_Austin Phase 1 costs rose to $510 million, and the company raised $120 million in convertible notes as a bridge.

T1 Energy and Nextracker announced a strategic framework agreement in September 2026 to use U.S.-made steel frame technology on modules produced at the 5-GW G1_Dallas facility, LinkedIn reported.

When G2_Austin Phase 1 Is Due

Phase 1 of the G2_Austin cell fab is scheduled for the first quarter of 2027, the company said. The $50 million convertible notes offering was expected to close on September 30, 2026, subject to conditions.