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USD/BTC = $104,129 Block 901,808 TL:DR
T1 Energy has announced the next step in the development of its $850m G2_Austin 5GW solar cell facility with the selection of Yates Construction for preconstruction and site preparation services.
The development of G2_Austin is integral to T1’s broader strategy of establishing a domestic supply chain for solar and battery technology, enabling the US to access scaleable, dependable and cost-effective energy solutions.
T1 intends to meet growing demand within the US market for solar cells and modules that utilise TOPCon technology through the G2_Austin, along with its operational counterpart, the G1_Dallas 5GW solar module facility.
The project is facilitated by the tariffs and other policies implemented by the Trump administration, which support American advanced manufacturing, job creation and energy dominance.
The Milam County commissioners in Texas have unanimously agreed to offer T1 Energy a substantial tax abatement package, contingent on the company achieving certain employment and investment milestones at the new facility.
T1 CEO and board chairman Daniel Barcelo stated: “Solar energy is a foundational part of American power grids. Our facilities will manufacture solar cells and modules to invigorate our economy with abundant energy. We’re excited to work with Yates and Milam County to bring American advanced manufacturing to the heart of Texas and to unlock our most scalable energy resources.”

My Thoughts 💭

Trump who? Texas is still building out its solar power infrastructure. 8 thousand BTC to bring solar cell manufacturing back home is. Hefty price to pay. Maybe this will finally bring the cost of installing a solar residential power system down.