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 based mostly 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 likely be built-in into Otovo’s growing service business. Otovo will work to transform the present California base of SSP prospects to its subscription service, with the expectation that this initiative will likely be accretive to internet revenue in 2026.
“This strategic acquisition represents a pivotal second for Otovo’s U.S. enlargement, launching our progressive AI-based power service in California and doubtlessly different markets thereafter, and establishing a basis for vital progress in 2026,” mentioned William J. (John) Berger, CEO of Otovo.
Otovo’s all-in-one energy accomplice mannequin unites retail electrical energy, power service (operations and upkeep) and grid buying and selling by means of a cloud-connected digital energy plant. Its AI-native Endurance platform can triage points and route the correct crew in actual time, connecting technicians, vans and put in gadgets right into a single responsive community. The stay monitoring operate closes the loop with prospects, whereas optimized routing raises first‑time‑repair charges whereas chopping journey.
Information merchandise from Otovo
