T

T1 Energy

Battery cell producer for EVs

Financial Analyst

Full-TimeUpdated on 10/23/2026
No salary listed
Junior, Mid
Austin, TX, USA
In PersonOn-site at the Austin, Texas HQ.
Finance & BankingCorporate Finance & FP&A

About the job

Requirements
  • Requires 2–5+ years of experience in accounting, financial planning and analysis, or a combination of both.
  • Requires a solid understanding of financial statements, close processes, and accounting principles.
  • Requires experience supporting budgeting and financial performance analysis.
  • Requires advanced Excel skills and experience working with large datasets.
  • Requires hands-on experience with business intelligence and data visualization tools such as Power BI or Tableau.
  • Requires proven ability to automate reporting processes and improve workflows.
  • Requires strong attention to detail and the ability to connect accounting data to broader financial insights.
  • Requires effective communication skills and the ability to partner cross-functionally.
Responsibilities
  • Support development, consolidation, and ongoing management of the annual budget and periodic forecasting updates.
  • Partner with functional leaders to monitor performance against budget and deliver actionable insights.
  • Analyze key drivers of financial performance across revenue, cost of goods sold, and operating expenses.
  • Prepare reporting packages and presentations for leadership.
  • Develop and maintain standardized financial reports and dashboards that provide a reliable view of business performance.
  • Automate recurring reporting processes to improve efficiency and reduce manual effort.
  • Perform variance analysis and translate financial results into concise, meaningful narratives.
  • Ensure financial reporting aligns with underlying accounting data.
  • Build and enhance dashboards using business intelligence tools such as Power BI, Tableau, or similar platforms.
  • Identify and implement opportunities to automate manual reporting and workflows.
  • Partner with Finance, Accounting, and IT to improve data structure, accessibility, and integrity.
  • Support Accounts Payable, Accounts Receivable, Treasury, and Payroll teams with ad hoc analysis and process improvement initiatives.
  • Assist in evaluating working capital, cash flow drivers, and operational performance.
  • Contribute to strengthening processes, controls, and reporting across Shared Services.
  • Support special projects across Finance and Accounting, including system implementations and process improvements.
  • Provide analytical support for leadership initiatives and evolving business needs.
Desired Qualifications
  • Strong preference for candidates who began their career in public or industry accounting and transitioned into financial analysis.
  • Experience with enterprise resource planning systems such as Oracle, SAP, or similar platforms is preferred.

About the company

FREYR Battery makes battery cells for electric vehicles (EVs) and energy storage systems (ESS) using a Nordic supply chain and large-scale production in Mo i Rana, Northern Norway. The cells store chemical energy for repeated charge-discharge cycles and FREYR uses automated cathode casting to improve production efficiency and consistency, targeting longer cycle life, higher depth of discharge, better round-trip efficiency, and lower levelized cost of storage. Differentiators include a Nordic renewable-energy cluster and full regional supply chain that reduce costs, combined with scale and automation, plus plans to expand into the United States to broaden capacity and market reach. The goal is to provide high-quality, cost-effective battery cells for EVs and ESS while expanding production capacity and geographic reach with a focus on sustainability and profitability.

Company Size

201-500

Company Stage

IPO

Headquarters

Austin, Texas

Founded

2018

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Simplify's Take

What believers are saying

  • Clearway signed 641 MW in August 2026, anchored by domestic-cell supply.
  • Q2 2026 net sales hit $250.1 million, with adjusted EBITDA $10.7 million.
  • September 2026 secured another $50 million bridge, preserving G2_Austin construction momentum.

What critics are saying

  • First Solar dropped ITC in September 2026, then kept federal patent suits alive.
  • G2_Austin Phase 1 capex rose to $510 million; financing still remains unfinished.
  • Heavy debt and repeated raises signal dilution risk; failure to fund Austin threatens viability.

What makes T1 Energy unique

  • T1 Energy pairs G1_Dallas modules with G2_Austin cells for domestic-content contracts.
  • Q2 2026 output reached 935 MW, proving scale before Austin cell startup.
  • Mo i Rana rezoning and 50-year lease give European optionality beyond solar.

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Benefits

  • Flexible Work Hours
  • Hybrid Work Options

Growth & Insights and Company News

6 month growth

6%

1 year growth

0%

2 year growth

-17%
Kalkine Media
Sep 29th, 2026
T1 Energy raises $50M in convertible notes to fund G2_Austin solar fabrication plant

T1 Energy has raised $50 million through convertible notes to fund its G2_Austin solar cell fabrication facility. The company entered into a note purchase agreement on 28 September 2026 for 4.75% Convertible Senior Notes due 2031, with expected gross proceeds of $50.4 million. The proceeds will finance construction and equipment purchases for Phase 1 of G2_Austin and general corporate purposes. Following this issuance, T1 Energy's total outstanding notes will reach $170 million. The notes carry an initial conversion price of approximately $4.46 per share and cannot be redeemed before 6 August 2029. They mature on 1 August 2031. The company described the funding as a bridge to a comprehensive financing solution for remaining capital expenditures.

Simply Wall St
Sep 10th, 2026
T1 Energy raises $160M at $4.96 per share, secures Norway data centre rezoning

T1 Energy raised approximately $160 million through a follow-on share sale at roughly $4.96 per share, shortly after securing rezoning approval for a potential data centre project in Mo i Rana, Norway. The company's share price has fallen 37.37% year to date and 42.03% over three months in 2026, despite delivering a one-year total shareholder return of 162.57%. The stock now trades around $4.91, well below the most followed analyst fair value estimate of $10.25 per share. Analysts point to US electricity demand growth driven by AI infrastructure, transport electrification, and manufacturing onshoring as key drivers for T1's solar modules and storage solutions business. However, the company faces risks from reliance on US policy incentives and intensive capital requirements for projects including G2_Austin.

Yahoo Finance
Aug 27th, 2026
T1 Energy gets approval to convert Norwegian facility into 50 MW data center

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.

Yahoo Finance
Aug 19th, 2026
Why Is T1 Energy (TE) Raising Fresh Capital Through A Follow On Offering?

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...

Yahoo Finance
Aug 13th, 2026
T1 Energy secures 641MW deal, raises $120M in convertible notes amid G2 Austin financing delays

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.