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Press Release

SOLARCYCLE Awarded TIME’s Top GreenTech Companies 2025

3/28/2025

Mesa, AZ – March 28, 2025 – SOLARCYCLE®, a technology-based solar recycling company, today announced it has been awarded on TIME’s list of America’s Top GreenTech Companies 2025. It is the only solar panel recycling company to be given the recognition.  

The prestigious award is presented by TIME and Statista Inc., the leading statistics portal and industry ranking provider. Statista gathered and scrutinized data from over 4,300 companies, and awarded the top 250 based on three evaluation criteria:

  • Positive environmental impact data such as the quality and impact of its product/service portfolio, as well as the expertise of its leadership team
  • Financial strength based on the analysis of financial data points including its revenue, and employee and funding information
  • Innovation drive based on the company’s Patent Asset Index featured in LexisNexis® Intellectual Property Solutions

SOLARCYCLE has rapidly emerged as a leader in the circular economy, pioneering a cutting-edge recycling process that extracts 95% of valuable materials from retired solar panels, including glass, silicon, silver, and copper. Since its founding in 2022, the company has built a scalable model that supports more than 80 of the world’s largest solar developers, power producers, and manufacturers, ensuring that end-of-life solar panels are recycled and that valuable materials are returned to the domestic supply chain. In 2024, SOLARCYCLE recycled nearly 500,000 solar panels, preventing landfill waste and significantly reducing carbon emissions from energy technology waste. The company plans to recycle 1 million panels by the end of 2025.

“SOLARCYCLE is proud to be recognized on TIME’s list of America’s Top GreenTech Companies 2025,” said Suvi Sharma, Co-Founder and CEO at SOLARCYCLE. “This award underscores our commitment to closing the manufacturing loop and advancing innovative recycling solutions that make clean energy even cleaner.”

Statista gathered data from company applications, annual reports, media monitoring, and other public sources to support its research. Statista also worked with specialized data partners HolonIQ and LexisNexis® Intellectual Property Solutions to further strengthen the data quality.

With this recognition, SOLARCYCLE reinforces its position as an industry leader in solar panel recycling and circularity, driving technological advancements in the fast-growing renewable energy sector.

About SOLARCYCLE
 
SOLARCYCLE is leading the growth of the circular economy for solar in America. The company partners with the world’s largest asset owners and manufacturers to recycle solar panels, recover valuable materials, and make key components for the next generation of solar panels and clean energy products. Through its circular economy solutions, SOLARCYCLE enhances the sustainability and resiliency of the solar supply chain in the US. Learn more at www.SOLARCYCLE.us.  

For media inquiries, please contact media@solarcycle.us