HPS HOME POWER SOLUTIONS GMBH HPS Home Power Solutions wins The smarter E AWARD

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22/07/2021 11:47

DGAP-News: HPS Home Power Solutions GmbH / Key word(s): Miscellaneous/Sustainability
HPS Home Power Solutions wins The smarter E AWARD

22.07.2021 / 11:47
The issuer is solely responsible for the content of this announcement.


Press release

HPS Home Power Solutions wins The smarter E AWARD

Berlin, Germany, 22 July 2021 - HPS Home Power Solutions GmbH (HPS), provider of the world's first home solar-hydrogen power plant for grid-independent and carbon-free electricity supply, today announced that it has won The smarter E AWARD in the Smart Renewable Energy category for picea, the company's innovative hydrogen electricity storage system. The award handed out by the The smarter E innovation platform recognizes pioneering projects and products for a sustainable energy industry, with the Smart Renewable Energy category focusing on sector coupling solutions and the intelligent management of energy plants.

The jury selected picea because of the pioneering development of this unique product and the signal it sends for the use of renewable energy in the residential communities including its potential to scale for larger applications. According to the jury, this intelligent solution for seasonal energy storage enables a decentralized, independent and carbon-free energy supply for single-family homes all year. This product could pave the way for a wider adoption of seasonal storage contributing to a secure transition to renewable energy.

"We are delighted to receive this important award from The smarter E, a well-known innovation platform," said Zeyad Abul-Ella, Managing Director and founder of HPS Home Power Solutions GmbH. "This award is a fantastic validation of years of development work and shows us that even critical experts see picea as a market-ready solution for sustainable energy supply in the home. The extreme weather we have been witnessing in recent weeks is yet another reminder that we must do everything we can to curb further global warming. Our globally unique home storage system, which allows a self-sufficient and carbon-free power supply for homes, enables all our customers to contribute to this goal. Together we can tackle climate change."

Abul-Ella added: "Of course, developing, marketing and regularly maintaining such an innovative and globally unique system requires a strong team. I would therefore like to take this opportunity to expressly thank our growing team of more than 100 employees without whom such a success would not have been possible. They are contributing their skills, enthusiasm, creativity and - if I may say so - a sense of joy to their work. Therefore, the award first and foremost goes to all of you."

About The smarter E:

The smarter E is the innovation hub for events and topics of the new energy world. Renewable energy, decentralization and digitalization are bringing lasting changes to the energy world. This development demands cross-sector, intelligently integrated concepts and solutions for the efficient generation, storage, distribution and use of energy. Under the banner "Creating the new energy world," The smarter E Europe unites four exhibitions and conferences that take an in-depth look at these topics - Inter Solar, ees (electrical energy storage), Power 2 Drive and EM Power - making it one of the largest platforms for the energy industry.

About picea

picea is the world's first hydrogen-based electricity storage system for one and two-family houses. The energy surpluses achieved on sunny days from a photovoltaic system are stored as green hydrogen to make electricity and heat available in the dark season. picea provides year-round, carbon-free full power supply and also reduces heating costs. One picea system avoids approx. 3 tons of carbon dioxide per year, binding as much carbon dioxide as 130 mature spruce trees. HPS started delivering the first picea systems in 2019. With contract manufacturing having started in 2020, larger quantities are being produced and become available for delivery in 2021. picea has won several prestigious awards, most recently the Handelsblatt Energy Award 2021.

About HPS Home Power Solutions

HPS develops and produces integrated systems for the storage and use of solar energy for one- and two-family houses. The Berlin-based company was founded in 2014 by Zeyad Abul-Ella and Dr. Henrik Colell and stands for reliability, independence and sustainability in decentralized energy supply. picea, developed by HPS, is the first system worldwide that combines electricity storage, heating support and residential ventilation in one compact product. For more information, please visit: http://www.homepowersolutions.de/en

Contact HPS Home Power Solutions GmbH:

Paul Skupski (Marketing Manager)
Tel.: +49 30 235914 605
Email: marketing@homepowersolutions.de

Media Contact:

MC Services AG
Julia Hofmann
Tel.: +49 89 210 288 0
Email: homepowersolutions@mc-services.eu



22.07.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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