NSIA’s RIPLE and Gotion-InoBat Batteries Partner to Build Nigeria’s Battery Energy Storage Ecosystem

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RIPLE, the NSIA: Nigeria Sovereign Investment Authority’s (NSIA) wholly-owned renewables subsidiary, has signed a Head of Terms and Memorandum of Understanding (MoU) with Gotion-InoBat Batteries (GIB), a joint venture between GOTION HIGH-TECH and InoBat.

This MoU signifies the intent of RIPLE and GIB to co-develop a localised battery assembly value chain in Nigeria. By leveraging GIB’s advanced technology, expertise and RIPLE’s local knowledge and execution track record, this collaboration aims to catalyse the development of a battery energy storage system (BESS) ecosystem. 

This collaboration with GIB marks a monumental step for RIPLE towards achieving its objective of establishing local control of the renewable energy supply chain in Nigeria, thereby ensuring energy security.

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