HPS Home Power Solutions Receives 2021 Handelsblatt Energy Award for its Hydrogen Power Storage System

HPS Home Power Solutions Receives 2021 Handelsblatt Energy Award for its Hydrogen Power Storage System

Berlin-based HPS Home Power Solutions is pleased to announce it has received the 2021 Handelsblatt Energy Award in the category of “Smart City” for its picea system, the first marketable independent, solar-hydrogen powered CO2 free home energy system worldwide. The award was given by a top-class jury.

Based on a combination of solar energy and innovative hydrogen technology, the picea system is the first year-round, CO2 free, independent power supply for one- and two-family houses. The picea system is highly effective with about 90% utilization rate and offers more than 100 times the storage capacity of standard household-storage batteries.

“We are extremely pleased to receive this award recognizing the development of our picea system into a marketable clean energy solution,” said Zeyad Abul-Ella, co-founder and managing director of HPS Home Power Solutions. ”HPS has made hydrogen technology more widely available to household consumers for the first time. Our product will be indispensable in the smart cities of the future. The Handelsblatt award is a recognition of the considerable reduction of CO2 emissions picea offers and the value of German innovation in the field of climate protection technology,“ he added.

«Without sustainable energy generation and storage capability, in addition to smart grids, climate protection goals are not achievable,” said Dr. Olaf Heil, Technical Managing Director of Stadtwerke Karlsruhe, board member of the Energy Academy and Handelsblatt Energy Award jury member. “The Handelsblatt Energy Award aims to promote the technologies catalyzing this development. With the market-ready systems for private residences offered by the award winner, many private households can now do their part to protect our planet,» he concluded.

Since 2015 the Handelsblatt Energy Awards have distinguished outstanding projects in the energy industry that use renewable power sources and promote storage and distribution. The annual award is given in four categories: Industry, Mobility, Smart City and Start-up. The Smart City category includes scalable business models with a high degree of innovation and potential whose added value lies in digitization, networking, energy efficiency and reducing carbon dioxide (CO2) emissions.