HPS Home Power Solutions and Bonava Agree on Cooperation

Source: www.gulfoilandgas.com 6/7/2022, Location: Europe

• Year-round electricity storage system picea can be viewed in show house in Schulzendorf near Berlin.
• HPS opens up important sales markets with cooperation.
• Bonava expands offering in the field of climate-friendly energy supply

HPS Home Power Solutions (HPS), the world's leading provider of green hydrogen-based year-round electricity storage for buildings, and Bonava, one of the leading residential project developers in Europe, have signed a cooperation agreement. As part of the agreement, the picea year-round electricity storage system was installed in a Bonava show house in Schulzendorf near Berlin for testing and presentation purposes.

“The market for new buildings in the residential sector is one of the most important sales markets for HPS. The cooperation with Bonava offers broad market access and opens up further growth potential for us,” says Zeyad Abul-Ella, founder and CEO of HPS. “Bonava can offer customers the latest standard for energy supply for new buildings with the picea system. The desire for an independent and CO2-free energy supply is thus becoming tangible for a larger number of homeowners.”

Rico Kallies, Berlin regional manager at Bonava adds, “In the wake of the global development of climate and energy crisis, there are increasingly new energy supply concepts on the market. Not all systems suit us. This is because we have a highly standardized product due to the platform design, and the energy supply system simply has to match it. As a complement, the picea year-round electricity storage system offers a marketable solution for residential buildings based on hydrogen with high energy efficiency for the first time.”

The picea system has been in operation in the show house since January 2022, where it will be presented to interested customers by Bonava and HPS sales staff for at least two years. During a walk-through appointment, they will be given an explanation of how picea works and how it interacts with the photovoltaic system and the heating system. In addition, HPS regularly organizes events for the media and politicians in the show house.


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