Key Takeaways
- Between May 21–22, 2026, Trina Solar (Schweiz) AG liquidated 22.5 million shares of T1 Energy (TE) stock valued at approximately $190.3M
- Trina Solar maintains ownership of 30.65 million TE shares, retaining its status as a 10% stakeholder
- The stock has skyrocketed roughly 895% year-over-year, hovering near its 52-week peak of $10.80
- Fourth quarter EBITDA results delivered ~$9M, significantly outperforming analyst projections of -$11M
- Fuzzy Panda Research published allegations regarding FEOC compliance violations, which Roth Capital firmly disputed
T1 Energy Inc. (TE) has captured market attention following a substantial share divestment by one of its largest stakeholders over a 48-hour period.
Between May 21 and May 22, 2026, Trina Solar (Schweiz) AG—which maintains a 10% ownership stake in T1 Energy—liquidated 22,500,000 shares. The combined value of these disposals reached roughly $190.3 million.
The shares changed hands at prices spanning $7.74 to $9.43 throughout multiple separate transactions. During May 21’s trading session, Trina Solar unloaded more than 13 million shares through three distinct sales.
The following day saw another 9.5 million shares sold, with transaction prices between $7.74 and $8.80 per share.
Even after this significant divestment, Trina Solar (Schweiz) AG continues to directly own 30,652,664 shares of T1 Energy, maintaining its position as a substantial 10% stakeholder.
Current Stock Performance
At the time these transactions were disclosed, TE was changing hands around $10.45—within striking distance of its 52-week peak at $10.80. The equity has delivered an extraordinary gain of approximately 895% year-over-year, a rally that has captivated market observers.
This upward trajectory has persisted despite Fuzzy Panda Research releasing a bearish report claiming that T1 Energy failed to meet regulatory requirements associated with Foreign Entity of Concern (FEOC) designation. The analysis also questioned certain accounting practices.
Roth Capital issued a forceful rebuttal to these allegations. The investment firm categorically dismissed the short seller’s assertions, maintaining that T1 Energy fully complies with FEOC regulations, operates with transparency, and supports U.S. domestic manufacturing initiatives.
Following the publication of the critical report, TE stock has experienced robust call option trading and bullish derivatives positioning, indicating market participants remain skeptical of the bearish narrative.
Financial Performance and Wall Street Perspective
T1 Energy delivered fourth quarter EBITDA results of roughly $9 million. Wall Street analysts had anticipated a negative $11 million figure. This substantial beat stemmed from superior sales performance and an improved product composition.
The company also completed pricing on a $160 million convertible debt offering, exceeding the original $125 million proposal. After expenses, net proceeds are projected at approximately $151.6 million, designated for infrastructure expansion and equipment acquisition at the company’s solar cell production facility.
Regarding analyst coverage, BTIG increased its price objective to $8.00 while maintaining its Buy recommendation. Conversely, Needham reduced its target from $10.00 to $8.00, citing expectations for decreased volume metrics.
T1 Energy—previously operating under the name FREYR Battery, Inc.—functions within the solar and renewable energy sector. The company’s expansion of U.S.-based manufacturing capabilities forms the foundation of bullish long-term projections from multiple Wall Street analysts.
The equity currently trades above key moving average thresholds with positive MACD indicators, though momentum metrics are nearing overbought conditions.
