Trina Solar sells Texas manufacturing assets to FREYR Battery
Type: Sale · Technology: Solar · Country: United States · Announced: 2026-07-10
Trina Solar completed the sale of its Texas manufacturing assets to FREYR Battery, a transaction finalized after initial production began in November 2024. The divestiture was driven by compliance requirements under the Foreign Entity of Concern (FEOC) framework, which restricts Investment Tax Credit eligibility for projects using components from entities with material Chinese ownership. Following the sale, Trina Solar rebranded its U.S. operations as T1 Energy, maintaining supply agreements and brand licensing with the newly acquired facility. The deal reflects broader industry shifts as Chinese manufacturers restructure U.S. operations to meet FEOC thresholds. FREYR Battery gains operational solar module manufacturing capacity in Texas, positioning the company to supply compliant modules for U.S. clean energy projects.
Counterparties
- FREYR Battery (Buyer)
- Trina Solar (Seller)