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Oslo solar company installing residential rooftop panels, sold outright or through monthly subscriptions.
Otovo AS was founded in 2016 in Oslo, Norway, by Andreas Thorsheim and Simen Jørgensen, and Thorsheim is CEO. It designs, permits and installs residential solar panel systems, offered by subscription from NOK 699 per month or by direct purchase. In February 2021 the company received NOK 450.00 mn in a PIPE round from investors including Axel Johnson AB, Nysnø Climate Investments, Obos and Å Energi, and it is listed on Euronext Growth under the ticker OTOVO. The company has completed 10 deals.
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