T1 Energy Inc. · NYSE:TE
T1 Energy — Q2 2025 Earnings Presentation
15 slides from T1 Energy's earnings presentation, Aug 20, 2025
Slide 1: Q2 2025 Earnings Call
_0 1 TM Q2 2025 Earnings Call August 20, 2025 T1 Energy _ Q2 2025 Earnings Call G1_Dallas Pictured: Production lines at G1_Dallas
Slide 2: Important Notices: Forward Looking Statements
_0 2 TM T1 Energy _ Q2 2025 Earnings Call Important Notices Forward Looking Statements This presentation contains forward - looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 . All statements, other than statements of present or historical facts included in
Slide 3: Participants and Agenda
_0 3 TM Participants and Agenda T1 Energy _ Q2 2025 Earnings Call Daniel Barcelo Chairman of the Board and Chief Executive Officer Evan Calio Chief Financial Officer Jaime Gualy Chief Operating Officer ▪ Key messages ▪ Business updates ▪ Concluding remarks ▪ 2025 operating and financial guidance unc
Slide 4: Key Messages
_0 4 TM T1 Energy _ Q2 2025 Earnings Call Key Messages Time to Build: T1 is executing its strategy to build an integrated U.S. solar + storage leader Expanding T1’s U.S. supply chain ▪ Announced transformative strategic agreement with an affiliate of Corning Incorporated to source U.S. - made solar
Slide 5: Time To Build: AI Needs Power Now
_0 5 TM T1 Energy _ Q2 2025 Earnings Call Time To Build: AI Needs Power Now T1 is positioned to power the AI - driven U.S. electricity demand growth super - cycle AI is transforming the trajectory of U.S. electricity demand growth ▪ After 20 years of negligible growth, the emergence of AI and other
Slide 6: Commercial Update
_0 6 TM T1 Energy _ Q2 2025 Earnings Call Commercial Update Sig ned 473 MW sales agreement with major U.S. utility ▪ Deliveries commence in Q3 2025 ▪ Customer has interest in significant G2_Austin volumes T1 is sold out under 2025 G1_Dallas low - end of 2025 production plan ▪ Expanding customer univ
Slide 7: T1's Expanded Supply Agreement with Corning
_0 7 TM T1 Energy _ Q2 2025 Earnings Call T1’s Expanded Supply Agreement with Corning Major step forward in T1’s plan to establish a domestic solar value chain Summary of transaction: ▪ T1 will source hyper - pure polysilicon and solar wafers produced by Corning at its Michigan campus, which include
Slide 8: T1's Commitment to Domestic Content
_0 8 TM T1’s Commitment to Domestic Content T1 is positioned to address growing customer demand for high - performance solar modules built with U.S. components Domestic supply chain build out underway ▪ Announcement of U.S. wafer supply agreement with Corning is first major step towards FEOC Bill of
Slide 9: G2_Austin Update
_0 9 TM T1 Energy _ Q2 2025 Earnings Call G2_Austin Update T1 is moving forward with the first development phase of its planned U.S. solar cell manufacturing facility G2 Austin Rendering G2_Austin development plan ▪ As disclosed previously, T1 is pursuing two phase development of G2_Austin of 2.5 GW
Slide 10: G1_Dallas Operations Update
_0 10 TM T1 Energy _ Q2 2025 Earnings Call G1_Dallas Operations Update Revenues expected to ramp in H2 2025 with customer deliveries Production status ▪ Produced 1,222 MW of solar modules in 2025 through August 11 th , 2025 ▪ Maintaining 2025 production plan of 2.6 – 3.0 GW ▪ One of three production
Slide 11: Policy Overview
_0 11 TM T1 Energy _ Q2 2025 Earnings Call Policy Overview ▪ The Section 45X tax credits are available through 2032, providing a key incentive for T1 to accelerate U.S. supply chain development strategy ▪ Key stackability and transferability provisions of Section 45X preserved, in alignment with T1’
Slide 12: T1's Countdown to Compliance Playbook
_0 12 TM T1 Energy _ Q2 2025 Earnings Call T1’s Countdown to Compliance Playbook Maintaining 45x eligibility is T1’s top strategic priority for 2025 ▪ Establish a Bill of Materials of 50+% Non FEOC content/components before year - end 2025 ▪ Build on early mover advantage from the Corning/Hemlock U.
Slide 13: Maintaining 2025 Operating and Financial Guidance
_0 13 TM T1 Energy _ Q2 2025 Earnings Call Risks to H2 2025 financial performance skewing towards or below low - end of range Maintaining 2025 Operating and Financial Guidance Production: Maintaining 2025 production guidance of 2.6 – 3.0 GW ▪ T1 is sold out for 2025 based on 2.6 GW production plan E
Slide 14: T1 Financial Summary
_0 14 TM T1 Energy _ Q2 2025 Earnings Call Summary of T1 financial position T1 Financial Summary T1 revenues ramped in Q2 2025 with G1 fully operational ▪ Generated Q2 revenues of $132.8 million from G1_Dallas ▪ Timing of Q2 customer shipments later than initially anticipated T1’s liquidity profile
Slide 15: T1's Strategic Road Map
_0 15 TM T1 Energy _ Q2 2025 Earnings Call T1’s Strategic Road Map Positioning T1 as an Advanced American Manufacturing leader in the U.S. solar + storage market ▪ OBBB introduced FEOC criteria that solar manufacturers must meet by year - end 2025 to maintain eligibility for 45X tax credits ▪ T1 cle