Business
Talon PV Announces Sale of Minority Stake to T1 Energy
Talon PV LLC, ("Talon") an advanced manufacturing company specializing in high-efficiency solar cells, has announced the sale of a minority stake in the company to T1 Energy Inc. (T1).
About this update from T1 Energy Inc.
[{"type":"text","content":"HOUSTON, Oct. 15, 2025 /PRNewswire/ -- Talon PV LLC, ("Talon") an advanced manufacturing company specializing in high-efficiency solar cells, has announced the sale of a minority stake in the company to T1 Energy Inc. (T1).","length":233,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Talon PV)","displaySize":"","headline":null,"caption":"(PRNewsfoto/Talon PV)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":242,"url":"https://media.zenfs.com/en/prnewswire.com/fdf47a7c53c41645dd461252eb93ac3f"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/OPgjs5fKJogGUun5SPpIFw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQyNztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/fdf47a7c53c41645dd461252eb93ac3f","width":400,"height":242}},"href":"https://mma.prnewswire.com/media/2623713/Talon_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Under the agreement, T1 has executed a Simple Agreement for Future Equity (SAFE) to secure a minority ownership interest in Talon PV. Eagle Group, a Venture Capital company based in Houston, Texas, provided 100% of the funding to Talon PV prior to the T1 equity partnership. Talon has strong momentum and is actively working to finalize its capital stack with various partners. Talon and T1 are also actively exploring opportunities to strengthen their strategic collaboration moving forward.","length":492,"tagName":"p"},{"type":"text","content":"The project, located in Baytown, Texas, will establish a 4.8 GW high-efficiency TOPCon solar cell manufacturing facility, significantly expanding U.S. domestic production capacity. The facility is designed to produce n-type TOPCon cells—one of the most advanced and commercially proven photovoltaic technologies available in the United States—supporting national objectives for domestic content, energy security, and non-FEOC compliance. The project has additionally secured $97.1 million in tax incentives from state and local governments. The TALON PV Baytown Project is expected to achieve commercial availability in Q1 2027.","length":628,"tagName":"p"},{"type":"text","content":"In addition to the strategic investment from T1 Energy, Talon PV has formed partnerships with industry-leading firms to drive R&D and facility buildout. The Company is partnered with Fraunhofer ISE, a leading solar energy resea...