T1 Energy reports Q4 net loss of $367M; G1 Dallas ramp ahead of plan, 5 GW solar cell site selected

T1 Energy Inc.

Q4 2024 net loss attributable to stockholders of $367.2M ($2.59/diluted share); FY2024 net loss $450.2M ($3.20/share).
Revenue of $2.9M and gross profit $1.2M from short stub period after Dec 24 close of Trina solar asset acquisition.
G1 Dallas module production in Jan-Feb 2025 exceeded 220 MW, 48% above plan; 2025 target remains 3.4 GW.
Selected Milam County, TX for planned 5 GW solar cell factory (G2 Austin) with $850M capex; 1,800 new jobs projected.
European ops reclassified as discontinued; $312.9M non-cash impairment; Giga Arctic and CQP held for sale.

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