Excerpt:
Berlin, 17.05.2021: Berlin-based HPS Home Power Solutions, provider of picea, the world's first home solar hydrogen power plant for completely independent and CO2-free electricity use, joins the European Clean Hydrogen Alliance, der Europäischen Allianz für Grünen Wasserstoff,
the project. The alliance, initiated by the EU Commission, is Europe's leading initiative for the development of a sustainable hydrogen economy. It now has over 1,000 members from companies, associations, local authorities, NGOs, and research and financial institutions. The Alliance is expected to play a crucial role in implementing the measures of the new European Hydrogen Strategy and its investment agenda. It is estimated that around €430 billion will be invested in green hydrogen by 2030.1
Zeyad Abul-Ella, co-founder and CEO of HPS Home Power Solutions, is convinced: "Green hydrogen will make a significant contribution to the transformation of Europe's energy supply and thus to the targeted decarbonization of many everyday processes on our continent. We are pleased to be included in the circle of renowned companies that want to make their contribution to this. We also see becoming a member of the alliance as recognition of our technological development achievements of the picea system. This membership will drive our networking in the sector and provide us with technologically as well as economically valuable contacts."