Residential photo voltaic O&M service supplier Otovo has entered into an settlement to accumulate Photo voltaic Service Professionals (SSP), a photo voltaic service supplier primarily based in California. The acquisition of SSP, scheduled to shut in early January, marks Otovo’s entry into America’s largest residential photo voltaic + storage market, California.
Based in 2017, SSP has constructed a specialised photo voltaic service enterprise with an put in buyer base of 38,000. SSP will probably be built-in into Otovo’s growing service business. Otovo will work to transform the prevailing California base of SSP clients to its subscription service, with the expectation that this initiative will probably be accretive to web earnings in 2026.
“This strategic acquisition represents a pivotal second for Otovo’s U.S. growth, launching our revolutionary AI-based power service in California and probably different markets thereafter, and establishing a basis for vital development in 2026,” mentioned William J. (John) Berger, CEO of Otovo.
Otovo’s all-in-one energy companion mannequin unites retail electrical energy, power service (operations and upkeep) and grid buying and selling by way of a cloud-connected digital energy plant. Its AI-native Endurance platform can triage points and route the best crew in actual time, connecting technicians, vehicles and put in gadgets right into a single responsive community. The stay monitoring perform closes the loop with clients, whereas optimized routing raises first‑time‑repair charges whereas reducing journey.
Information merchandise from Otovo
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