Otovo ASA is a technology-driven company specializing in the residential solar and battery market across Europe. Founded in 2015 and headquartered in Oslo, Norway, it operates an online marketplace th... Otovo ASA is a technology-driven company specializing in the residential solar and battery market across Europe. Founded in 2015 and headquartered in Oslo, Norway, it operates an online marketplace that simplifies the process for homeowners to design, price, and purchase customized solar panel installations and related products like batteries. Users enter their address on the platform, receiving real-time quotes and vetted local installers, enabling seamless online transactions. The company functions through Marketplace and Subscription SPV segments, focusing on marketing, lead generation, sales, installation planning, and post-installation support via the Otovo App for monitoring energy production. With operations spanning key European countries including Norway, Sweden, France, Germany, Italy, Spain, and others, Otovo boasts the largest network of vetted installers, leveraging proprietary AI technology for precise home assessments and scalable growth in the €10 billion annual residential solar and battery sector. Employing around 209-244 staff, it emphasizes disciplined cost control, pan-European presence, and superior value through price leadership and strong branding. Otovo ASA went public in 2018, positioning itself as a leader in the expanding clean energy transition for homes.
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