Business Strategy & Development - T1 is executing its strategy to become an integrated U S solar + storage leader, focusing on expanding its U S supply chain[9] - T1 announced a strategic agreement with Corning to source U S -made solar wafers, a transformative step in expanding the U S supply chain[9] - T1 is advancing the development of G2_Austin in two phases of 2 5 GW each, with phase one production planned for Q4 2026[11] - T1 aims to achieve over 70% U S Bill of Materials by year-end 2026, expanding the domestic value chain[59] Financial Performance & Guidance - T1 generated Q2 2025 sales of $132 8 million from G1_Dallas[42, 57] - T1 is maintaining its 2025 EBITDA guidance of $25 - $50 million, though H2 2025 risks are skewed to the downside[11, 51] - T1 anticipates an integrated G1/G2 EBITDA run-rate of $650 - $700 million[52, 59] Policy & Compliance - T1 cleared CFIUS review and is confident in its ability to comply with FEOC requirements in the OBBB[11, 59] - T1 is aiming to establish a Bill of Materials with 50+% Non-FEOC content/components before year-end 2025[49] - The Section 45X tax credits are available through 2032, incentivizing T1 to accelerate its U S supply chain development strategy[45] Commercial Traction - T1 executed a 473 MW module sales agreement for H2 2025 deliveries with a major utility[11] - T1 is sold out of 2025 inventory at G1_Dallas under the 2 6 GW low-end of 2025 production guidance[11, 50] - T1 has an opportunity set of 58 8 GW in its commercial pursuit funnel for G1/G2[19]