Solarcycle
SOLARCYCLE is a US solar recycling company operating a proprietary, patent-protected platform that recovers up to 99% of materials from end-of-life solar panels, serving 90+ of the top 120 global clean energy companies and building the first US solar glass factory using recycled cullet.
- Company typePrivate
- Founded2022
- HeadquartersOakland, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Solarcycle does
SOLARCYCLE, Inc. is a US-based solar recycling and circular economy company founded in 2022 by solar industry veterans including CEO Suvi Sharma, CTO Pablo Dias, and Chief Strategy Officer Jesse Simons. The company operates a proprietary, patent-protected recycling platform that recovers 95-99% of value from end-of-life solar panels and power electronics—including silver, copper, aluminum, silicon, and glass—versus approximately 50% for conventional recycling methods. SOLARCYCLE's technology spans a nationwide network of facilities in Georgia (Cedartown, Atlanta), Illinois (Elgin), Texas (Odessa, San Antonio), Nevada (Las Vegas), and Arizona (Mesa), plus co-managed sites. Its service portfolio includes solar panel recycling, inverter and transformer recycling, reverse logistics, rapid panel testing for potential reuse, and Life Cycle Analysis-based ESG reporting. A flagship $344 million, 1.1-million-square-foot solar glass manufacturing facility in Cedartown, Georgia—the first in the US to use recycled cullet from end-of-life panels—is planned for first production in 2028 at 5-6 GW annual capacity. SOLARCYCLE has raised over $80 million in equity funding from Microsoft, Fifth Wall, HG Ventures, Prologis Ventures, Closed Loop Partners, and Urban Innovation Fund, and serves 90+ of the top 120 global clean energy players through long-term enterprise contracts, including Qcells, RWE, ENGIE, Prologis, AES, EDF Renewables, Ørsted, Sunrun, Illuminate USA, Heliene, and Runergy Alabama. In 2024, the company recycled 480,406 solar panels, diverted 28 million pounds of waste from landfills, and prevented 13.8 million kg of CO2e emissions.
Solarcycle firmographics
Firmographics- Name
- Solarcycle
- Legal name
- SOLARCYCLE, Inc.
- Website
- https://solarcycle.us
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- SOLARCYCLE is a US solar recycling company operating a proprietary, patent-protected platform that recovers up to 99% of materials from end-of-life solar panels, serving 90+ of the top 120 global clean energy companies and building the first US solar glass factory using recycled cullet.
- Ownership category
- akta.pro rank
Solarcycle industry classification
Industry- Product category
- Solar Panel Recycling Services
- NAICS
- Materials Recovery Facilities (562920), Materials Recovery Facilities (56292)
- SIC
- Sanitary Services (4950)
- akta.pro primary industry
- PV Module & Panel Recycling (Glass, Silicon, Metals Recovery) (EUAMALAA)
- akta.pro secondary industries
- PV Balance-of-System (BOS) Recycling (Inverters, Racking, Wiring, Transformers) (EUAMALAB), Solar End-of-Life, Recycling & Decommissioning (Panels, Inverters, Racking) (EUAMABAM), Solar PV Module Manufacturing (Cells, Modules, Thin-Film) (EUAMABAD)
Keywords
Where Solarcycle is headquartered
LocationHeadquarters
- HQ city
- Oakland
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Solarcycle business model
Business model- GTM type
- B2B
- Offering type
- Services
Revenue model
- Solar Panel Recycling Services: Comprehensive recycling solutions for solar panels and electrical components including inverters, transformers, cables, and power electronics. Revenue generated through service fees for end-of-life panel management.
- Solar Glass Manufacturing and Sales: Production and sale of solar glass manufactured from recycled materials from retired solar panels. Long-term agreements with manufacturers like Illuminate USA, Heliene, and Runergy.
- Recovered Materials Sales: Sale of recovered critical materials including silver, copper, silicon, aluminum, and glass back to domestic supply chains for clean energy manufacturing.
- Decommissioning and Field Services: Full decommissioning services and reverse logistics for solar systems. Includes rapid testing for panel viability and potential refurbishment for extended use.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom enterprise recycling solutions |
Go-to-market motion3 records
Distribution channels1 record
Marketing channels6 records
Solarcycle product offering
Product offeringCore offering
Solarcycle is a U.S.-based solar panel recycling company that recovers high-purity materials (silver, silicon, copper, aluminum, glass) from end-of-life and damaged photovoltaic modules. The company also manufactures solar glass from recycled cullet and offers precycling and reverse-logistics services to solar asset owners, developers, manufacturers, and EPC firms.
Product overview
SOLARCYCLE is a technology-based solar recycling platform offering comprehensive end-of-life solutions for the solar industry. The platform provides a unified portfolio combining solar panel recycling services, power electronics recycling (inverters, transformers, cables), reverse logistics, rapid panel testing, and science-based environmental reporting. The proprietary patented recycling technology platform extracts up to 97% of value from materials including silver, copper, aluminum, glass and silicon. Key infrastructure includes a nationwide network of recycling facilities (Georgia, Illinois, Texas, Nevada, Arizona) and an upcoming solar glass manufacturing facility in Cedartown, Georgia—the first in the US to use recycled glass cullet from retired panels to produce new solar glass. The company also offers innovative precycling services that embed recycling commitments into power purchase agreements from project inception.
Differentiator
Problem solved
Functional benefit
Products and services
- Solar Panel Recycling Service
- Power Electronics Recycling
Quantifiable outcome
- 96-97% value recovery from solar panels
- +5 more outcomes
Companies that use Solarcycle
Customer profileNamed customers16 records
Segments4 records
Solarcycle technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Solarcycle partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered flagship and core.
- PrologisflagshipExclusive recycling services agreement for end-of-life solar modules and related assets. Prologis operates more than 1GW of rooftop solar capacity across over 500 buildings in the US. The partnership delivers consistent recycling process as solar assets reach end of operational lives, creating scalable circular infrastructure.
- Illuminate USAflagshipFive-year agreement for purchase of domestically manufactured solar glass. Will support production of 3 GW of solar panels annually. Largest customer for SOLARCYCLE's future solar glass factory in Cedartown, Georgia.
- Arizona State UniversitycoreResearch partnership achieving breakthrough with proof-of-concept solar panel made with 50% recycled glass from end-of-life panels. Research demonstrated panels built with recycled glass perform as well as those with virgin materials.
- ENGIEcoreInnovative 'precycling' collaboration incorporating solar panel recycling into power purchase agreements at four projects totaling 375 MW. Ensures full traceability and circularity goals for approximately one million panels.
- RWE Clean EnergycoreRecycling Services Agreement ensuring sustainable recycling of solar panels from RWE projects at end of operational life. Supports RWE's commitment to circular and zero-waste solar economy while ensuring America's growing energy demand is met.
- Genesis AlkalicoreMulti-year agreement to purchase Ecosoda, low-carbon natural soda ash produced near Green River, Wyoming. Essential raw material for solar glass production, approximately 37% less greenhouse gas intensive than synthetic alternatives.
- Runergy AlabamacoreStrategic partnership as glass supplier and recycling partner. Runergy will purchase recycled glass and use SOLARCYCLE's recycling services for their panels.
- HelienecoreMulti-year purchase agreement for domestic glass made from recycled solar PV modules. Heliene will use glass to produce next generation of American-made solar modules.
- QcellscoreFirst-of-its-kind partnership between a large solar manufacturer and advanced solar recycler in the US. Qcells will recycle its decommissioned panels and refer customers. Recycled materials including aluminum, silver, copper, silicon and low-iron glass will be reused in domestic supply chain.
- Georgia GovernmentcorePartnership with Georgia Governor Brian P. Kemp for development of Cedartown campus with economic incentives and support.
Scale indicators17 records
Recent moves12 records
Expansion highlights7 records
Solarcycle competitors and assessment
Company assessmentDirect peers
- ROSI Solar: French startup specializing in high-purity recovery of silver, silicon, and other materials from end-of-life solar PV panels. Directly comparable to SOLARCYCLE in target market (PV recycling), customer base (solar asset owners and manufacturers), and core technology focus on critical-minerals recovery.
- Sungeel: Korean solar panel recycling company focused on recovering high-purity silicon, silver, and other materials from end-of-life PV modules. Directly comparable in target market and circular-economy value proposition, with similar OEM and utility-scale customer base.
Broad incumbents
- Veolia: Global waste management and environmental services giant with PV panel recycling capabilities as part of a much broader portfolio. Operates in the same end-of-life solar value chain but with vastly greater scale, geographic reach, and balance sheet.
- Renewi: European waste-to-product company with growing electronics and solar panel recycling capabilities. Comparable as a broad waste-management incumbent moving into solar-specific recycling, with a similar materials-recovery value proposition.
- First Solar: US-based thin-film solar manufacturer with its own industry-leading PV recycling program recovering up to 95% of CdTe module materials. Comparable as a vertically integrated player combining solar manufacturing with recycling capabilities, though focused on a different panel technology.
- Xinyi Solar: Hong Kong-listed global leader in solar glass manufacturing, supplying major PV module makers worldwide. Comparable as a potential competitor in SOLARCYCLE's planned downstream glass business, though without the recycled-cullet positioning or US domestic-content focus.
- Suez: International water and waste management major with growing PV recycling and critical-materials recovery operations. Comparable as a broad waste management incumbent moving into the same circular-solar market, though SOLARCYCLE is more specialized in PV.
- Corning: Global specialty glass manufacturer including solar glass substrates for the PV industry. Adjacent as a potential competitor or partner in the planned Cedartown glass factory output, with vastly greater scale and decades of glass manufacturing expertise.
Emerging players
- Quantum Lifecycle Partners: North American electronics recycling and IT asset disposition provider expanding into solar panel end-of-life services. Comparable in recovery technology and ESG-focused customer base, though primarily focused on broader e-waste streams.
- ECS Refining: US-based electronics and precious-metals refiner with capabilities applicable to solar panel component recovery (silver, copper). Comparable in metals-recovery technology and ESG-driven customer demand, though without SOLARCYCLE's dedicated PV-panel focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
Solarcycle social profiles
Digital presenceSolarcycle compliance and trust
Trust signalCompliance5 records
Solarcycle financial estimates
Financial estimateRevenue estimate
Valuation estimate
Solarcycle leadership team
Management profileNumber of profiles
Solarcycle funding detail
Funding detailFunding overview
Funding rounds2 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Solarcycle M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Solarcycle
What does Solarcycle do?
Solarcycle is a U.S.-based solar panel recycling company that recovers high-purity materials (silver, silicon, copper, aluminum, glass) from end-of-life and damaged photovoltaic modules. The company also manufactures solar glass from recycled cullet and offers precycling and reverse-logistics services to solar asset owners, developers, manufacturers, and EPC firms.
Is Solarcycle a public or private company?
Solarcycle is a private company. It is classified as venture growth investor backed and is currently operating.
When was Solarcycle founded?
Solarcycle was founded in 2022. It employs 1 to 10 people.
Where is Solarcycle based?
Solarcycle is headquartered in Oakland, United States, in the North America region.
How does Solarcycle make money?
Four revenue lines are on record. Solar Panel Recycling Services are the primary driver. The others are solar Glass Manufacturing and Sales, recovered Materials Sales and decommissioning and Field Services.
Who are Solarcycle's main competitors?
Direct peers on record are ROSI Solar and Sungeel. Broad incumbents are Veolia, Renewi, First Solar, Xinyi Solar, Suez and Corning. Emerging players are Quantum Lifecycle Partners and ECS Refining.
Does Solarcycle have an API?
No public API is recorded for Solarcycle.
What industry is Solarcycle in?
Solarcycle's product category is Solar Panel Recycling Services. Its primary akta.pro industry code is EUAMALAA, PV Module & Panel Recycling (Glass, Silicon, Metals Recovery), with a secondary code of EUAMALAB, PV Balance-of-System (BOS) Recycling (Inverters, Racking, Wiring, Transformers). Its NAICS code is 562920 and its SIC code is 4950.