T1 Energy announced that local officials in Mo i Rana, Norway, have approved rezoning of part of its Giga Arctic facility for data center development. The company expects a 50 MW data center could become operational in 2027, with potential for expansion. T1 holds a position in the grid capacity queue for 396 MW total. The municipal committee approved a permit allowing 161,000 square feet of the campus to be rezoned for industrial use or data center operations. The site benefits from access to low-cost electricity supplied primarily by hydropower. T1 holds a 50-year lease on the location within an industrial park in northern Norway. The company is in discussions with multiple parties regarding the project as part of its value optimisation initiative for European assets.

T1 Energy (NYSE: TE) announced a follow-on equity offering, adding new shares to its existing stock base. The transaction is expected to affect the company’s capital structure and funding mix once completed. Management signaled that proceeds are intended to support T1 Energy’s next phase of growth and investment plans. This type of capital raise highlights how equity funding can reshape risk and return, and there are many other companies with similar exposure to consider through 79...

T1 Energy reported second-quarter 2026 results, producing 935 megawatts of solar modules at its Dallas facility. The company posted a gross margin of 19.5%, up 300 basis points from the previous quarter, and adjusted EBITDA of $10.7 million. T1 Energy raised $120 million in August through convertible notes due in 2031. The company ended the quarter with $149 million in cash and equivalents. The firm secured a 641-megawatt supply agreement with Clearway Energy Group, adding to its existing 900-megawatt Treaty Oak contract. T1 Energy expects full-year production to reach the high end of its 3.1-to-4.2-gigawatt guidance range. Construction of the Austin facility remains on schedule, with first cell production expected in the first quarter of 2027. The company acquired Topcon intellectual property to eliminate future licensing costs.