HPS Home Power Solutions AG Email Format
Renewable Energy Power GenerationBerlin, Germany11-50 Employees
HPS Home Power Solutions AG was a German company in the renewable energy power generation sector, based in Berlin at 16 Carl-scheele-street, Berlin 12489 Germany, and employing 11-50 people. It developed energy storage solutions for residential applications under the Picea line, with versions announced in 2023–2024 including a hydrogen-based storage variant and, with Picea 2, a lithium-based seasonal storage system offering increased capacity and safety features. The company received several industry awards recognizing its Picea technology, such as the Handelsblatt Energy Award, the Berlin-Brandenburg Innovation Award, and the Sustainability Challenge of the German Sustainable Building Council (DGNB). As of April 1, 2025, the company filed for insolvency and ceased business operations, after which it was no longer active. The company’s revenue was reported in the range of $1 million to $10 million.