Berlin-based Home Power Solutions (HPS) is entering Germany's cut-throat residential solar-plus-storage market with its Picea all-in-one unit. It offers solar heating and ventilation, (panels are sold separately), as well as electricity, and a hydrogen storage system for €66,550 ($54,000). HPS said the Picea system can generate between 3 MWh and 6 MWh of energy annually, enough for a four-person household. Industry analysts have questioned whether HPS can make the system cost-effective enough to scale in the face of low feed-in tariffs and a lot of competition.
Berlin-based Home Power Solutions (HPS) is entering Germany's cut-throat residential solar-plus-storage market with its Picea all-in-one unit. It offers solar heating and ventilation, (panels are sold separately), as well as electricity, and a hydrogen storage system for €54,000 ($66,550). HPS said the Picea system can generate between 3 MWh and 6 MWh of energy annually, enough for a four-person household. Industry analysts have questioned whether HPS can make the system cost-effective enough to scale in the face of low feed-in tariffs and a lot of competition.