T1 Energy Inc. (TE) surged 10.61% in after-hours trading, driven by recent developments in its solar and tax credit initiatives. The stock’s upward momentum aligns with news of securing a FEOC-compliant solar deal with Treaty Oak Clean Energy and executing its first sale of Section 45X tax credits, both of which reinforce its strategic positioning in the renewable energy sector. Additionally, ongoing compliance efforts and a strategic partnership with Treaty Oak highlight the company’s ability to capitalize on U.S. tax incentives, further bolstering investor confidence. These factors collectively underpin the stock’s strong after-hours performance.
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