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The facility is planned for Austin, Texas, with a capacity of 5 GW.
T1 Energy Inc. (XNYS: TE) announced on June 16, 2025, the selection of Yates Construction as the contractor for preconstruction services and site preparations for its planned 5 GW Solar Cell Facility in Austin, Texas. The project is estimated to cost $850 million and is expected to create 1,800 full-time jobs.
The facility will have a capacity of 5 GW. The total investment for the project is $850 million. The construction is anticipated to generate 1,800 full-time positions.
T1 Energy Inc. has a free float of 80,287,000 shares and 140,490,000 shares outstanding.
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