29 Apr Time to go off-the-grid
Along these years, several isolated projects have shown that it is absolutely feasible to go off the conventional grid whilst enjoying the same services but making use of renewable sources. The technologies that make it possible have already been tested and their cost is already reducing since more users deploy them and ask for them.
HPS Home Power Solutions has tested a holistic energy package that is already available in the market. Zeyad Abul-Ella, managing director of HPS, said: “With our system, PV units don’t just get short-term energy storage in the form of a battery; the integrated generation of green hydrogen and its use in the in-built fuel cell eliminate all the disadvantages associated thus far with photovoltaics.”
In a few months, the energy storage system has gone from producing a few units to mass production thanks to the agreement between HPS an Zandt-based Zollner Elektronik. Johann Weber, chairman of Zollner Elektronik, said: “Picea has the potential to be a disruptive innovation for the fact that it makes it possible for single-family and two-family homes to be supplied from an entirely CO2-neutral power source.”
The company has signed contracts with the gas supplier GASAG and with Energieinsel, it has also received the backing of EIT InnoEnergy when they published they wanted to invest about 3 million in the company in 2019. In that year, the company received funds exceeding 12.5 million.
Upon receiving the grant from the European Institute of Innovation and Technology, Abul-Ella stated: “Thanks to this pioneering technology and the market access which has been made possible by EIT InnoEnergy and its network, we will soon be able to expand beyond our home market of Germany. […] Together we have succeeded in turning a mature prototype into a product that’s ready for the mass market – and much more quickly than was planned.”