Residential solar O&M service provider Otovo has entered into an agreement to acquire Solar Service Professionals (SSP), a solar service provider based in California. The acquisition of SSP, scheduled to close in early January, marks Otovo’s entry into America’s largest residential solar + storage market, California.
Founded in 2017, SSP has built a specialized solar service business with an installed customer base of 38,000. SSP will be integrated into Otovo’s growing service business. Otovo will work to convert the existing California base of SSP customers to its subscription service, with the expectation that this initiative will be accretive to net income in 2026.
“This strategic acquisition represents a pivotal moment for Otovo’s U.S. expansion, launching our innovative AI-based energy service in California and potentially other markets thereafter, and establishing a foundation for significant growth in 2026,” said William J. (John) Berger, CEO of Otovo.
Otovo’s all-in-one power partner model unites retail electricity, energy service (operations and maintenance) and grid trading through a cloud-connected virtual power plant. Its AI-native Endurance platform can triage issues and route the right crew in real time, connecting technicians, trucks and installed devices into a single responsive network. The live tracking function closes the loop with customers, while optimized routing raises first‑time‑fix rates while cutting travel.
News item from Otovo
