T1 Energy (TE) Jumps 10.3% on Strong Solar 2-Year Outlook

Group 1: Company Overview - T1 Energy Inc. (NYSE:TE) experienced a significant rebound of 10.26% on Friday, closing at $8.17, driven by a positive outlook for the solar industry over the next two years [1]. - The company is developing a $425 million solar cell fabrication facility in Texas, named G2 Austin, which aims to produce 2.1 GW of high-efficiency TOPCon solar cells annually, with construction having started last month and commercial operations expected by the end of the year [4]. - T1 Energy's second phase of production is projected to have a capacity of 3.2 GW of solar cells, with potential for expansion based on demand [5]. Group 2: Industry Outlook - The US Energy Information Administration (EIA) forecasts that power generation from solar and wind will increase by 21% in 2027, rising from 18% last year, while the share of natural gas, coal, and nuclear is expected to decrease to 72% in 2027 from 75% in 2025 [2]. - The utility-scale solar sector is anticipated to grow rapidly, with generation expected to rise from 290 billion kWh in 2025 to 424 billion kWh by 2027 [3]. - Approximately 70 GW of new solar generating capacity projects are set to come online in the next two years, representing a 49% increase in US solar operating capacity compared to 2025 [3].