T1 Energy completed loan conversion at G1 Dallas facility, Texas

Gray Construction and T1 Energy completed a $235 million loan conversion after G1 Dallas reached 5 GW capacity and met all technical certifications.

By Prudhvi Rani 05 May 2025 in America Bytes Project Bytes

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T1 Energy’s G1 Dallas produced 443 MW in Q1 2025 and switched three lines from PERC to TOPCon. Image Source: T1 Energy Inc

US-based T1 Energy Inc., an energy solutions provider, gave an update on progress at its G1 Dallas solar module manufacturing facility in Wilmer, Texas. T1 Energy converted the G1 Dallas construction loan to a $235 million term loan. The conversion followed formal confirmation from offtake customers, Gray Construction, and an independent engineer, that the facility was complete, commissioned, and safe. G1 Dallas reached an annual capacity of 5 GW. In Q1 2025, T1 produced 443 MW of PV solar modules, meeting 96% of its production plan. T1 also decided to switch three production lines from PERC to TOPCon technology to align with market conditions.

#Texas #TOPConTechnology #G1Dallas #GrayConstruction #T1Energy

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