HPS
HPS is a Berlin-based German company, founded in 2014, that designs and manufactures integrated solar energy storage and usage systems for single and two-family residential homes, backed by EIT InnoEnergy and other European clean-energy investors.
- Company typePrivate
- Founded2014
- HeadquartersBerlin, Germany
- Headcount101–250
- GTM typeB2C
- OfferingHardware or Manufacturing
What HPS does
HPS is a Berlin-based, privately held German company founded in 2014 that designs and manufactures integrated solar energy storage and usage systems targeted at single and two-family residential homes. The company's product combines solar generation with on-site storage and end-use energy management into a single integrated system aimed at reducing household grid dependence. As a hardware manufacturing business serving the European residential market, HPS monetizes through the sale of these integrated energy systems, presumably through a combination of direct sales and installer or distribution partners, although specific pricing and channel details are not publicly disclosed.
The company has grown to a headcount of 101-250 employees and has been backed by EIT InnoEnergy as a recurring institutional investor across its 2021 and 2024 funding rounds, alongside kopa ventures in 2019 and undisclosed investors in 2022 and 2023. Cumulative disclosed funding totals approximately $58.4 million, with the largest single disclosed raise of $31.3 million in July 2022 and a subsequent $23.6 million round in January 2023. Henrik Colell and Zeyad Abul-Ella are co-founders, both listed as founder and CEO; Yevgeny Elster serves as managing director.
The input data contains conflicting source material that conflates this HPS with unrelated entities sharing the same abbreviation, including BlackRock's HPS asset management division and a separate German space-subsystems provider branded as HPS/LSS (High Performance Space / Large Space Structures). Based on the firmographics, funding history, leadership names, and German clean-energy investor base, the analysis above is grounded in the residential solar storage business headquartered in Berlin. Notably, the company's primary web domain, homepowersolutions.de, currently resolves to a parked STRATO domain reservation page, which may indicate a gap in current public-facing commercial activity or a transition in web infrastructure.
HPS firmographics
Firmographics- Name
- HPS
- Legal name
- HPS
- Website
- https://homepowersolutions.de
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- HPS is a Berlin-based German company, founded in 2014, that designs and manufactures integrated solar energy storage and usage systems for single and two-family residential homes, backed by EIT InnoEnergy and other European clean-energy investors.
- Ownership category
- akta.pro rank
HPS industry classification
Industry- Product category
- Residential Solar Energy Storage Systems
- NAICS
- Battery Manufacturing (33591)
- SIC
- Electronic & Other Electrical Equipment (No Computer Equip) (3600)
- akta.pro primary industry
- Home Energy & EV Charging (HEMS, Smart Meters, Batteries, Chargers) (HSAPAQAF)
- akta.pro secondary industry
- Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ)
Keywords
Where HPS is headquartered
LocationHeadquarters
- HQ city
- Berlin
- HQ country
- Germany
- HQ region
- Europe
Markets served
HPS business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales
HPS product offering
Product offeringCore offering
HPS designs and manufactures integrated solar energy storage and usage systems for single and two-family homes. Its offering combines rooftop solar generation, on-site battery storage, and managed energy usage into a single integrated hardware system, enabling residential homeowners to generate, store, and consume their own renewable electricity.
Differentiator
Problem solved
Functional benefit
Products and services
- Integrated Solar Energy Storage and Usage System Integrated hardware system combining solar generation, on-site battery storage, and managed energy usage, designed for residential deployment at single and two-family homes. Sold to homeowners as a single solution for generating, storing, and consuming on-site renewable energy.
Companies that use HPS
Customer profileIdeal customer profiles1 record
HPS technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
HPS partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Swissto12minorHPS/LSS (High Performance Space / Large Space Structures), a German high-performance space subsystem provider, partnered with Swissto12 to develop a large deployable reflector subsystem for the NEASTAR-1 GEO satellite mission. The contract is co-funded by ESA and the German Space Agency within DLR, aligned with the German Federal Government's Space Strategy for secure communications.
Scale indicators1 record
Recent moves6 records
Expansion highlights3 records
HPS competitors and assessment
Company assessmentEmerging players
- Pylontech: Chinese lithium battery storage specialist gaining strong traction in European residential channels, often via inverter partners; competes with HPS on cost and installer relationships.
Direct peers
- Sonnen: German residential solar battery specialist acquired by Shell, offering integrated home energy storage systems for single-family homes across Europe — directly comparable product, customer, and geography to HPS.
- E3/DC: German residential and small commercial solar + storage provider, owned by Hager Group. Competes head-to-head with HPS in the German single and two-family home segment.
- Senec: German residential solar battery manufacturer acquired by EnBW, serving the same German homeowner base as HPS with a similar integrated storage proposition.
- Solarwatt: German manufacturer of solar panels and integrated home battery systems (Solarwatt Home), serving residential customers in the same DACH market as HPS.
Broad incumbents
- Tesla Energy: Global incumbent offering Powerwall residential battery and integrated solar + storage solutions, competing with HPS at the premium end of the European residential market.
- BYD: Global battery and EV manufacturer with a fast-growing residential storage line (Battery-Box), competing with HPS on price and channel in European residential solar.
- Enphase Energy: US-listed microinverter and home battery (IQ Battery) provider with growing European footprint, competing with HPS for residential solar + storage retrofits.
- SolarEdge: Global solar inverter and now home battery provider, offering an integrated residential PV + storage stack that competes for the same German homeowner wallet as HPS.
- SMA Solar Technology: German inverter and home energy management system (Sunny Home Manager) provider, competing with HPS at the system integration layer of the residential PV + storage stack.
Market position
Strengths3 records
Weaknesses3 records
Competitive moat3 records
Key risks4 records
Key highlights5 records
Customer concentration
HPS social profiles
Digital presenceHPS financial estimates
Financial estimateRevenue estimate
Valuation estimate
HPS leadership team
Management profileNumber of profiles
Profiles3 records
HPS funding detail
Funding detailFunding overview
Funding rounds5 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
HPS M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about HPS
What does HPS do?
HPS designs and manufactures integrated solar energy storage and usage systems for single and two-family homes. Its offering combines rooftop solar generation, on-site battery storage, and managed energy usage into a single integrated hardware system, enabling residential homeowners to generate, store, and consume their own renewable electricity.
Is HPS a public or private company?
HPS is a private company. It is classified as venture growth investor backed and is currently operating.
When was HPS founded?
HPS was founded in 2014. It employs 101 to 250 people.
Where is HPS based?
HPS is headquartered in Berlin, Germany, in the Europe region.
Who are HPS's main competitors?
Pylontech is listed as an emerging player. Direct peers are Sonnen, E3/DC, Senec and Solarwatt. Broad incumbents are Tesla Energy, BYD, Enphase Energy, SolarEdge and SMA Solar Technology.
Does HPS have an API?
No public API is recorded for HPS.
What industry is HPS in?
HPS's product category is Residential Solar Energy Storage Systems. Its primary akta.pro industry code is HSAPAQAF, Home Energy & EV Charging (HEMS, Smart Meters, Batteries, Chargers), with a secondary code of EUACALAJ, Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro). Its NAICS code is 33591 and its SIC code is 3600.