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Developments

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

March 2, 2026

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.

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Recent Updates

News from across the company

March 4, 2026 corporate

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

Otovo raises approximately $16.6 million (NOK 161 million) in a private placement to fund its EnergyAid acquisition, European OEM service partnerships, and a potential U.S. dual listing.

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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.

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February 4, 2026 corporate

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

Otovo enters the commercial solar and storage market by acquiring the rights to service Freedom Power's portfolio of 400+ commercial systems representing approximately 70 MW of capacity.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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, diagnostics, and customer management, offering tiered subscription plans to address the residential solar industry's persistent service gap.

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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.

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