SPD state chair Franziska Giffey visits HPS Home Power Solutions, supplier of the world’s first home solar-hydrogen power plant

DGAP-News: HPS Home Power Solutions GmbH / Key word (s): Miscellaneous SPD state chairman Franziska Giffey visits HPS Home Power Solutions, provider of the world’s first home solar-hydrogen power plant 2021-09-06 / 10:30 The issuer is solely responsible for the content of this announcement.

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Press release

SPD state chairman Franziska Giffey visits HPS Home Power Solutions, supplier of the world’s first home solar-hydrogen power plant

Berlin, September 6, 2021 – On September 3, 2021, Franziska Giffey, SPD chairwoman in Berlin, and other political decision-makers paid a visit to the technology company HPS Home Power Solutions GmbH (HPS) in Berlin-Adlershof. HPS is the provider of picea, the world’s first solar-hydrogen power plant for one and two-family houses.

Can I fully supply my house with electricity from solar panels on my roof even in winter? Is it possible as a private person to generate and use hydrogen? And how safe is green hydrogen in the home? These were just some of the questions that were discussed last Friday by Zeyad Abul-Ella, Managing Director and co-founder of HPS, and the Berlin delegation. On behalf of the HPS employees, technology expert Ramona Jenkins gave an insight into the daily work of the HPS development department. Ms. Giffey was impressed by the possible uses of green hydrogen for long-term storage and the innovative strength of HPS. She also emphasized the importance of picea for climate protection in private housing.

“We are very happy to have Ms. Giffey and her delegation here at HPS,” said General Manager Abul-Ella. “The growing attention for HPS and picea really shows us that we all want to advance climate protection with innovative solutions. picea, our solar-hydrogen power plant, is an important part of this, as it enables an off-grid year. “-round carbon-free power supply.”

The picea system has already been sold over 120 times since production started at the end of 2020. This year, HPS signed partnership agreements with the distributor Energieinsel and the planning and project development company Wohnwerke. HPS has won the Handelsblatt Energy Award 2020 and The smarter E Award 2021 for its services, innovations and the development of picea. The company regularly organizes webinars to inform those interested about the latest developments from picea. The next webinar will take place on September 22, 2021 (see https://www.homepowersolutions.de/webinar).

About picea

picea is the world’s first hydrogen-based electricity storage system for single and two-family houses. The surplus energy generated by a photovoltaic system on sunny days is stored as green hydrogen in order to provide electricity and heat in the darker months of the year. picea ensures a CO2-free full power supply all year round and also reduces heating costs. A Picea system avoids about 3 tons of carbon dioxide per year, which binds as much carbon dioxide as 130 full-grown spruce trees. HPS started delivering the first picea systems in 2019. After the start of contract manufacturing in 2020, larger numbers will be produced and delivered in 2021. picea has won several prestigious awards, most recently the Handelsblatt Energy Award 2020 and the Smarter E Award 2021.

About HPS Home Power Solutions

HPS develops and produces integrated systems for the storage and use of solar energy for single and two-family houses. The Berlin 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 world’s first system that combines electricity storage, heating support and living space ventilation in one compact product. Further information can be found at: http://www.homepowersolutions.de/en For a high-resolution picture, please contact [email protected]

Contact HPS Home Power Solutions GmbH:

Nils Boenigk (Public Affairs & Public Relations) Phone: +49 30 235914-704 Email: [email protected]

Media contact:

MC Services AG Raimund Gabriel Tel .: +49 89 210 288 0 E-Mail: [email protected]

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2021-09-06 Release of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP sales services include regulatory notices, financial / corporate news and press releases. Archive on www.dgap.de

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September 06, 2021 4:30 AM ET (8:30 AM GMT)

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