The invention discloses a waste heat recovery system of a liquid cooling data center. The waste heat recovery system comprises a first heat exchanger, a heat dissipation system, a solar heat collection and heat storage system and a heat energy utilization system, wherein each system is a circulation loop internally provided with a working medium flow, the first heat exchanger is a part of the heatdissipation system, the heat dissipation system and the solar heat collection and storage system are connected with the heat energy utilization system through a heat exchange pipeline and the solar heat collection and storage system to provide heat energy, and the waste heat of the solar heat collection and heat storage system is used for civil heating. The solar heat collection and heat storagesystem is used for upgrading a low-temperature waste heat source, energy storage is carried out, the input energy fluctuation in the daytime and at night is balanced, the heat source is utilized for heat energy utilization, the waste heat is used for providing hot water and heating for a building, redundant low-grade heat is discharged into the environment through a cooling tower, and the waste heat recovery efficiency of the liquid cooling data center is improved, the energy consumption of the data center is reduced, the energy utilization efficiency is improved, the energy consumption is reduced, and meanwhile, the operation cost of the data center is reduced.