In this work, solar-light-active copper–vanadium oxide (Cu-VO) was synthesized by a simple microwave method and characterized by FESEM, EDS, XRD, XPS, UV–Vis/near-infrared (NIR), and FT-IR spectroscopy. Antialgal and dye degradation activities of Cu-VO were investigated against Microcystis aeruginosa and methylene blue dye (MB), respectively. The mechanism of action of Cu-VO was examined regarding the production of hydroxyl radical (·OH) in the medium and intracellular reactive oxygen species (ROS) in M. aeruginosa. FESEM and XRD analyses of Cu-VO disclosed the formation of monoclinic crystals with an average diameter of 132 nm. EDX and XPS analyses showed the presence of Cu, V, and O atoms on the surface of Cu-VO. Furthermore, FT-IR analysis of Cu-VO exposed the presence of tetrahedral VO4 and octahedral CuO6. Cu-VO effectively reduced the algal growth and degraded methylene blue under solar light. A total of 4 mg/L of Cu-VO was found to be effective for antialgal activity. Cu-VO degraded 93% of MB. The investigation of the mechanism of action of Cu-VO showed that ·OH mediated antialgal and dye degradation of M. aeruginosa and MB. Cu-VO also triggered the production of intracellular ROS in M. aeruginosa, leading to cell death. Thus, Cu-VO could be an effective catalyst for wastewater treatment.