The report published on Wednesday provides documentary evidence that the Texas-based solar module manufacturer bought $65 million worth of cells from China’s Trina Solar in the first quarter of 2026.
The new Fuzzy Panda series builds on the firm’s May 19 report, which claimed T1’s Singapore entity Evervolt was a Trina-controlled front that would disqualify the company from tax credits and trigger accounting restatements.
T1 Energy executives have often denied working with Trina.
Shares of T1 Energy Inc. (TE) fell 9% on Wednesday as short-selling firm Fuzzy Panda Research published the first installment of a whistleblower-backed series alleging material misstatements by T1 management about its solar-cell supply chain and continued reliance on banned Chinese supplier Trina Solar.
The report published on Wednesday provides documentary evidence that the Texas-based solar module manufacturer bought $65 million worth of cells from China’s Trina Solar in the first quarter of 2026 — directly contradicting public assurances from executives that the company had severed ties with the Chinese supplier to comply with U.S. Foreign Entity of Concern (FEOC) rules.
Fuzzy Panda said that a former insider contacted it the day after its May 19 report and supplied over 150 files, including 26 detailed bilingual invoices and...
The Andhra Pradesh Congress Committee (APCC) on Saturday accused Union Finance Minister Nirmala Sitharaman of repeating what it termed “false claims” made earlier in Parliament during her public me...