Press Release

HPS Home Power Solutions GmbH to present first commercial generation of Picea^(R) at ees Europe 2019

- First commercial generation of Picea^(R) to be presented

- HPS is Gold Sponsor of the ees Forum, assumes expert role in the panel "The future of energy storage" and delivers two presentations

Berlin, Germany, 10 May 2019 - HPS Home Power Solutions GmbH (HPS), the Berlin-based energy solutions provider for single-family homes which fulfils the need for energy independence, will present Picea^(R), the world's first all-in-one unit to supply year-round power from the consumer's own photovoltaic system, at ees Europe 2019. The ees Europe exhibition is the largest event for electrical energy storage in Europe and takes place from 15 to 17 May 2019 in Munich, Germany. The HPS booth will be in hall C2, booth number 630.

"We are proud to present the first commercial generation of Picea^(R) at the ees Europe exhibition. Picea^(R) offers customers 100 percent renewable and net independent energy in their homes, fulfilling the need for an eco-friendly and CO₂ neutral life style," commented Zeyad Abul-Ella, Managing Director and Founder of HPS Home Power Solutions GmbH. "Following the first coverage on television, our Picea^(R) product has received increasing interest and recognition. The positive feedback is proving that we are on the right track. We are looking forward to many interesting discussions during the ees Europe."

HPS is also Gold Sponsor of the ees Forum. In this context, HPS will take part in a panel discussion and deliver two presentations:

- Wednesday, 15 May 2019, 12:15-1:15 p.m.

Panel Discussion: The future of energy storage (in English)
Speaker: Dr. Henrik Colell, Founder and Managing Director of HPS Home Power Solutions GmbH

- Thursday, 16 May 2019, 11:15-11:30 a.m.

Presentation: "100% Stromversorgung vom eigenen Dach mit Picea - Kundennutzen und Motivation nach dem EEG" (in German)
as part of the session: Nach der Einspeisevergütung: Langfristig rentable Energiespeichertechnologien (After the feed-in tariff: long-term profitable energy storage technologies)
Speaker: Zeyad Abul-Ella, Founder and Managing Director of HPS Home Power Solutions GmbH

- Friday, 17 May 2019, 10:50-11:10 a.m.

Presentation: "Picea - Marktreifes all-in-one System ermöglicht 100% unabhängige Energieversorgung des Eigenheims durch Wasserstoffspeicher" (in German)
as part of the session: Alternativen zu Lithium-Batteriespeichern für Eigenheim und Gewerbe (Alternatives to lithium battery storage for private homes and businesses)
Speaker: Zeyad Abul-Ella, Founder and Managing Director of HPS Home Power Solutions GmbH

In parallel with the Intersolar Europe, the ees Europe is taking place at the Munich trade fair from May 15 to 17, 2019. Opening hours are 9 a.m. to 6 p.m. on May 15 and 16, and to 5 p.m. on May 17. Additional information on the fair, can be accessed here.

About HPS Home Power Solutions GmbH (HPS):
HPS develops and produces integrated systems for storing and using solar energy in single- and multi-family homes. HPS stands for reliability, independence and sustainability in decentralized energy supply. The first system from HPS, Picea^(R), combines energy storage, heating support and indoor ventilation in one compact product. Thanks to its high-performance energy management system, Picea^(R) is able to meet the complete electrical energy needs of a single-family home. In addition, all waste heat produced is used to provide the house with heat and hot water, thus lowering the cost of heating. Compared to commercially available batteries, Picea^(R) has a hundred times more storage capacity with twice the output. Picea^(R) is energy efficient and provides power all year round, enabling complete energy self-sufficiency and independence from the grid. The energy produced by the photovoltaic installation on sunny days can either be used straightaway or converted into hydrogen and stored. This energy is then made available at night, or during winter when there is limited sunshine. The HPS system's fuel cell converts the energy stored as hydrogen back into electrical energy and heat as needed. HPS is based in Berlin. For more information, please visit: http://www.homepowersolutions.de/en

Business contact:
HPS Home Power Solutions GmbH
Zeyad Abul-Ella, Managing Director
Tel.: +49 30 516958 110
E-mail: zeyad.abul-ella@homepowersolutions.de

Media contact:
MC Services AG
Raimund Gabriel, Andreas Riedel
Tel.: +49 89 210 228 44
E-mail: homepowersolutions@mc-services.eu