Renewable expansion Otter Tail Power is actively expanding renewable solar capacity with a 50 MW solar farm near Solway, Minnesota and has recent news of international facility expansion in New Zealand and Australia. This signals opportunities to offer solar technology, energy storage, project financing, and EPC services for large scale solar deployments and cross-border energy projects.

Transmission growth The company is developing a major transmission project, the 345-kilovolt BSSA line, in partnership with MRES. This creates a sales opening for high-voltage transmission equipment, grid modernization services, advanced monitoring and control systems, and reliability-focused engineering services.

Emissions leverage A recent asset sale to Harvestone Low Carbon Partners and permit activity for emissions capture at an ethanol plant indicates a strategic direction around decarbonization and carbon capture. Potential opportunities include carbon capture readiness consulting, CCUS technology, and partnerships for low-carbon generation or offsets.

Utility partnerships As an investor-owned utility serving diverse customers across multiple states with a sizable customer base and revenues, there is potential for technology and service partnerships in grid analytics, demand response programs, smart metering, and energy efficiency programs to reduce costs and enhance reliability for residential, commercial, and industrial segments.

Sustainability messaging Ongoing renewable development and international expansion align with sustainability-focused initiatives. This creates opportunities to offer ESG reporting, sustainability consulting, grant-funded program management, and public-facing marketing support for renewable projects and decarbonization efforts.