SOLARCYCLE has entered into an exclusive recycling services agreement with Prologis, a global logistics real estate company operating one of the largest rooftop solar portfolios in the country.
The agreement covers the recycling of end-of-life solar panels and related equipment across Prologis’s U.S. portfolio, which includes more than 1 gigawatt (GW) of installed solar and battery storage capacity.
By establishing a single recycling provider, the companies aim to create a consistent, scalable process for handling retired solar assets. The arrangement is expected to give SOLARCYCLE a predictable volume of materials, enabling more efficient facility planning and continued investment in recycling technology to improve material recovery rates and reduce processing costs over time.
“Prologis has set the standard for distributed solar deployment at scale,” said Suvi Sharma, CEO and Co-Founder of SOLARCYCLE, in a statement. “This agreement allows us to plan around one of the largest rooftop solar portfolios, which helps us drive operational efficiencies, improve our technology and continue reducing costs toward landfill parity.”
Prologis has also backed SOLARCYCLE through its strategic investment arm, Prologis Ventures, which focuses on early- and growth-stage companies developing technologies across supply chain, construction, and energy and sustainability.
“We’ve built one of the largest distributed solar portfolios in the country, and managing it responsibly requires a full lifecycle approach, from development through end of life,” said Alta Yen, head of energy, U.S., at Prologis. “This partnership reflects a deliberate strategy to scale efficiently while putting consistent, high-quality solutions in place as our portfolio continues to mature.”
Under the agreement, recovered materials will be processed for reuse within domestic supply chains, supporting efforts to reduce waste and recover valuable components from aging solar equipment as early generations of distributed solar systems begin to reach end of life.
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