NOMAD Power Solutions (NASDAQ: NMAD) through its wholly owned subsidiary NOMAD Transportable Power Systems, Inc., announced that the U.S. Department of Energy Office of Electricity has authorized the company to advance into Phase 3 of the approximately $19 million Vermont Long Duration Energy Storage Demonstration Project. The project is expected to deploy up to eight NOMAD transportable battery energy storage systems across five sites in Green Mountain Power’s Vermont service territory, with Phase 3 moving the project into installation, integration and construction. The project is supported by a $9.5 million DOE award and an approximately 50% non-federal cost share.

Green Mountain Power has also used an existing NOMAD system for peak management and to maintain service to commercial customers during planned utility maintenance. NOMAD’s patented platform is designed to be moved among locations to support peak management, emergency response, maintenance, renewable energy integration and other grid-resilience applications. Phase 3 will incorporate the company’s latest platform, including next-generation lithium iron phosphate batteries and microgrid-enabled controls, as NOMAD works to demonstrate transportable energy storage as a flexible resource for utilities and other critical power users.

To view the full press release, visit: https://ibn.fm/zX9NH

About NOMAD Transportable Power Systems, Inc.

NOMAD Transportable Power Systems, Inc., a wholly-owned subsidiary of NOMAD Power Solutions (Nasdaq: NMAD), designs and manufactures patented transportable Battery Energy Storage Systems (BESS) that bring utility-scale energy storage to the locations where power is needed. NOMAD’s mobile platforms are designed to serve utilities, data centers, industrial customers, municipalities, and critical infrastructure applications, providing a flexible approach to peak management, resilience, planned maintenance, electrification, and other power needs. Headquartered in Waterbury, Vermont, NOMAD is advancing a new model for deploying utility-scale energy storage across North America.

About NOMAD Power Solutions, Inc.

NOMAD Power Solutions, Inc., through its wholly owned subsidiary NOMAD Transportable Power Systems, provides transportable, utility-grade battery energy storage systems. The company’s mobile battery energy storage system (BESS) platforms deliver rapidly deployable, scalable energy solutions for electric utilities, data centers, commercial and industrial customers, emergency response, renewable energy integration, and grid modernization. By mobilizing energy storage, NOMAD enables customers to deploy power where and when it is needed without waiting for permanent infrastructure.

For more information, please visit https://ir.nomadpower.com/

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