HPS

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.

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

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

• Residential solar storage
• Home battery systems
• Solar energy systems
• Renewable home energy
• Integrated power solutions

Headquarters

HQ city

Berlin

HQ country

Germany

HQ region

Europe

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Core 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.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Swissto12minorStrategic or Co-development PartnerHPS/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

Emerging 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

• Facebookfacebook.com/homepowersolutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds5 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HPS