06/17/2026
Another step forward in building a truly global energy services platform.
Otovo has announced its eighth acquisition, signing a letter of intent to acquire Green Panel, a leading behind-the-meter energy service provider for residential and commercial customers. At $11 million, it’s the largest acquisition in Otovo’s history.
With Green Panel’s established field service operations, certified technician network, and one of the most advanced solar command and control centers in the region, this acquisition strengthens Otovo’s ability to deliver faster field service, smarter operations, and more reliable energy performance for customers — while extending its reach into new markets, including Hungary and the broader Middle East.
The deal also pairs with a new service agreement with a leading global OEM of solar and storage equipment, covering 250,000+ installations at launch across multiple European markets.
Momentum is building as we continue scaling a unified, AI-driven energy services platform across Europe, North America, and beyond.
Read more: https://www.businesswire.com/news/home/20260616424231/en/Otovo-to-Acquire-Green-Panel-for-%2411-Million-to-Scale-Global-Energy-Services-Platform
Otovo ASA (Euronext Oslo Børs: OTOVO; “Otovo”), a leading global energy service provider for residential and commercial customers, today announced it has ent...