NOMAD Power Solutions, Inc.

Fleet Ownership Model Moves From Rental Equipment to Grid Batteries

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Fleet Ownership Model Moves From Rental Equipment to Grid Batteries

Boca Raton, Fla. – – September 17, 2026 -- A twenty-year shift in how industrial equipment is owned is now being tested on grid-scale batteries, as NOMAD Power Solutions, Inc. (Nasdaq: NMAD) applies a rental-fleet model to utility-grade energy storage while established equipment lessors post record quarterly numbers built on the same logic.

Record $5.90 Diesel Price Pushes Generator Market Toward Battery Hybrids

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Record $5.90 Diesel Price Pushes Generator Market Toward Battery Hybrids

Boca Raton – September 16, 2026 -- The national average price of diesel hit an all-time high of $5.85 a gallon on September 16, 2026, according to AAA, then climbed further to $5.9015 three days later, surpassing the previous record set in June 2022.

Diesel prices have risen more than 50% since the outbreak of war with Iran

A year ago the same gallon cost $3.71; on the eve of the conflict it cost $3.76. Six months of disrupted tanker traffic through the Strait of Hormuz and crude trading near $90 a barrel have added more than two dollars to a fuel that powers freight, agriculture, construction and a large share of the country's backup and off-grid electricity.