Otovo

Otovo network visualization

Otovo updates

Newsroom

Company updates, press releases, and insights from the team building the future of energy.

Otovo technicians servicing residential solar and electrical equipment

August 27, 2026

Otovo to Acquire PV Hawaii and Mr. Elektro for USD 4.6 Million, Expanding in the U.S. and Europe

Otovo enters letters of intent to acquire PV Hawaii and Mr. Elektro for approximately USD 4.6 million, expanding its behind-the-meter energy services platform into Hawaii and strengthening service capacity in Norway and Sweden.

Read Full Article

Recent Updates

News from across the company

Otovo technician commissioning an integrated residential energy system

August 24, 2026 corporate

Otovo Enters Agreements for $11 Million Green Panel Acquisition, Expanding its Behind-the-Meter Energy Services Business

Otovo enters definitive agreements for its $11 million acquisition of Green Panel, expanding its behind-the-meter service footprint to 15 European markets and adding a major OEM partnership.

Solar-equipped neighborhood supported by an Otovo field technician

August 19, 2026 corporate

Otovo Surpasses 55,000 Customers, Raises Full-Year Outlook to 90,000

Otovo reaches 55,000 customers and raises its full-year 2026 outlook to approximately 90,000, alongside higher revenue and profitability guidance.

Otovo closes $7.25 million financing round to accelerate global growth

July 9, 2026 corporate

Otovo Closes $7.25 Million Financing Round to Accelerate Global Growth

Otovo closes a $7.25 million private placement in Norway — bringing total capital raised to approximately $34 million in nine months — to fund its planned acquisition of Green Panel and deepen investment in the Endurance® AI platform.

Otovo featured in The Wall Street Journal roll-up strategy coverage

Featured in The Wall Street Journal: Otovo Expands With a PE-Style Roll-Up Strategy

The Wall Street Journal detailed how Otovo is consolidating a fragmented residential-solar maintenance market across the U.S. and Europe — buying up service providers with a roll-up playbook more common to private equity than to clean energy.

Otovo completes acquisition of SunSystem Technology, expanding U.S. solar service

July 2, 2026 corporate

Otovo Completes Acquisition of SunSystem Technology for $1.3 Million, Bringing Service Platform to Approximately 30% of the United States

Otovo has completed its acquisition of SunSystem Technology for up to $1.3 million — its seventh deal since the December 2025 merger — extending coast-to-coast operations and maintenance coverage across 14 states on the Endurance™ AI platform.

Otovo to acquire Green Panel, expanding across Europe and the Middle East

June 16, 2026 corporate

Otovo to Acquire Green Panel for $11 Million to Scale Global Energy Services Platform

Otovo has entered a letter of intent to acquire Green Panel, Israel's dominant behind-the-meter energy service provider, for $11 million, expanding its presence across Europe and the Middle East.

Otovo announces letter of intent to acquire SunSystem Technology (SST)

May 27, 2026 corporate

Otovo to Acquire SST – Seventh Acquisition Since December 2025

Otovo announces a non-binding letter of intent to acquire SunSystem Technology, expanding its U.S. operations and distributed generation service footprint across 14 states.

Otovo reaches 30,000 customers across the U.S. and Europe

May 21, 2026 corporate

Otovo Hits 30,000 Customers in Under a Year, Tackling the Growing Solar Service Crisis

Otovo reaches 30,000 customers across the U.S. and Europe, including 20,000 Otovo Care members, as demand grows for energy service and solar system support.

Otovo secures $16.6 million private placement to fund EnergyAid acquisition

March 4, 2026 corporate

Otovo Secures $16.6 Million Private Placement to Fund EnergyAid Acquisition and Accelerate Global Scale

Otovo secures $16.6 million in a private placement to fund its EnergyAid acquisition and accelerate global growth in solar and home energy services.

Otovo and Green Panel launch joint venture to scale energy services across Europe

March 2, 2026 corporate

Otovo and Green Panel Launch Otovo GP JV to Scale Multi Country Energy Services

Otovo ASA and Green Panel form a 50/50 joint venture to deliver field service, maintenance, and logistics for residential and commercial energy systems across Europe, initially covering 250,000+ installations.

Otovo to acquire EnergyAid, expanding across California, Arizona and Nevada

March 2, 2026 corporate

Otovo to Acquire EnergyAid to Accelerate Multi-State Expansion

Otovo announces letter of intent to acquire EnergyAid, a leading residential solar service provider in California, Arizona, and Nevada, for an enterprise value of approximately $10 million.

Otovo enters commercial solar market by acquiring Freedom Power portfolio

February 4, 2026 corporate

Otovo Acquires Freedom Power's Commercial Service Portfolio to Enter Commercial Solar Market

Otovo enters the commercial solar market by acquiring Freedom Power's service portfolio of more than 400 commercial systems representing approximately 70 MW of capacity.

Otovo acquires Solar Service Professionals to enter the California market

January 8, 2026 corporate

Otovo Acquires Solar Service Professionals to Enter California

AI-native energy service provider to enter America's largest residential solar market through acquisition of Solar Service Professionals Inc.

Otovo and Solcellespesialisten agreement on residential solar portfolio

December 23, 2025 corporate

Otovo and Solcellespesialisten Enter Agreement on Residential Customer Portfolio

Otovo has entered an agreement regarding the voluntary transfer of approximately 5,000 former Solcellespesialisten residential solar installations to Otovo's service and maintenance solution, Otovo Care.

Otovo acquires Soly customers and assets, expanding across Europe

December 22, 2025 corporate

Otovo Acquires Soly Customers and Assets as it Expands Across Europe

Otovo acquires customers and assets from Soly, a key European residential solar player, expanding operations across key European countries.

December 11, 2025 corporate

2025 Otovo Shareholder Letter

Read the 2025 Otovo Shareholder Letter from our leadership team, outlining our vision, progress, and strategic direction.

December 5, 2025 corporate

Otovo Completes European Merger to Create First Global Home Energy Service Provider

Yahoo Finance highlights Otovo's European merger that forms a global home energy service provider and expands customer reach.

November 6, 2025 corporate

Otovo and Onvis Set to Merge in Cross-Atlantic Deal

Finimize spotlights Otovo and Onvis as they prepare a cross-Atlantic merger that aligns their energy technology and service capabilities to accelerate growth.

John Berger CEO of Otovo USA on Solar and Energy Storage Podcast

October 27, 2025 media

John Berger CEO of Otovo USA on Solar and Energy Storage Podcast

John Berger joins Sean White to discuss Otovo's focus on service excellence, creating virtual power plants, AI integration for efficiency, and the evolving role of batteries and EVs in the energy sector.

John Berger Speaks at SunCast Summit 2025

October 15, 2025 speaking

John Berger Speaks at SunCast Summit 2025

John Berger participates in this exclusive gathering of senior solar and clean energy leaders in Denver, sharing insights on AI applications, service excellence, and the future of residential energy systems.

Can AI Fix Solar's Service Problem? John Berger Is Betting On It

October 9, 2025 tech

Can AI Fix Solar's Service Problem? John Berger Is Betting On It

Solar Builder Magazine explores how Otovo USA's Endurance AI platform automates maintenance, inspections, and customer management, offering tiered subscription plans to address the residential solar industry's persistent service gap.

In Texas, Sunnova Founder Launches Company Using AI for Home Energy

September 8, 2025 tech

In Texas, Sunnova Founder Launches Company Using AI for Home Energy

Bloomberg covers Otovo USA's launch by Sunnova founder John Berger, introducing an AI-powered platform designed to help homeowners manage power consumption and plan maintenance needs.

Otovo USA Launches With $4 Million in Funding to Revolutionize Solar Service

September 8, 2025 funding

Otovo USA Launches With $4 Million in Funding to Revolutionize Solar Service

Otovo USA announces its official launch with $4 million in funding to bring reliable solar and battery service to Texas homeowners.

Resources

Media Kit

Access our official brand assets, executive bios, and fact sheets for press coverage.

Brand Assets Kit

Logos, color palettes, typography

Company Facts

Key statistics and history

Media Inquiries

For press and interview requests

Contact Person

Matt Dallas

ICR Inc.