American AI is expensive. Some startups are turning to cheap Chinese models
AI is a fast-growing business expense. Some companies are cutting costs by switching to cheaper Chinese AI models. Imen Ben…
AI is a fast-growing business expense. Some companies are cutting costs by switching to cheaper Chinese AI models. Imen Ben…
A group of 26 employees has filed a lawsuit accusing Meta of using artificial intelligence systems to disproportionately select workers…
Pan-African Incubation Programme for EdTech Startups fundsforNGOs Source link
The United Nations Development Programme (UNDP) through the timbuktoo EdTech Hub is inviting applications from African startups and digital solution…
Google has been named a Leader in the 2026 IDC MarketScape for worldwide foundation model software, according to the latest…
The solar EV startup is not going down the same route as Rivian or Tesla. Aptera, the California startup that’s…
Aptera, the California startup that’s working on a solar-powered EV, detailed how future owners will service their three-wheelers. The company…
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Dongguk president Yun Jae-ung pivots university to startups and AI in South Korea – CHOSUNBIZ Chosunbiz Source link
The UK’s £11B construction payment crisis is creating fintech winners. Birmingham’s fintech Saible just raised £2.9M Tech Funding News Source link
Float, a Stockholm-based revenue-based financing platform for tech SMEs, today announced a €4.5 million Series A funding round to close…
Today, prime minister Anthony Albanese laid out how his government plans to manage artificial intelligence (AI) and ensure the rapidly…
Indian deep-tech startup Meine Electric has developed the world’s first fast-charging iron-air battery system, marking a significant technical advancement for long-duration energy storage (LDES). The technology, which features a proprietary Fast Charge Long Discharge (FCLD) capability allowing the battery to charge in 6 hours and discharge over 18 hours, has been independently validated by Customized Energy Solutions (CES), a US-headquartered global energy services and technology company and the parent organization of the India Energy Storage Alliance (IESA). The independent testing was conducted by the CES Battery Laboratory through a structured testing protocol designed to assess electrochemical performance, capacity retention, and operational stability. Testing two iron-air electrochemical cells, the assessment validated the system’s operational stability under an asymmetric duty cycle comprising a rapid 6 hours of charging followed by 18 hours of discharging per cycle. Historically, iron-air battery chemistry has been limited by longer charge cycles, with existing approaches focused on multi-day storage applications. According to DataM Intelligence’s Iron Air Battery Market Size, Long-Duration Energy Storage Forecast 2035; 2026 Report, Iron-Air batteries are emerging as a promising solution for long-duration energy storage due to their ability to provide reliable and scalable storage using abundant materials such as iron. Global players, including Form Energy (US) and Ore Energy (Europe), have built Iron-Air systems focused on long-duration applications, with existing approaches demonstrating storage durations of up to 100 hours. However, these longer cycle times have restricted its suitability for daily renewable energy balancing. Meine Electric has addressed this limitation through its proprietary Fast Charge Long Discharge (FCLD) technology, electrode development processes, and new system architecture. The technology enables a 6-hour charge and 18-hour discharge cycle, making it the world’s first fast-charging Iron-Air battery technology designed for daily-cycling renewable energy applications. The chemistry also offers fundamental advantages including inherent safety, reliance on abundant raw materials, and lower system costs compared to lithium-ion. “Traditional iron-air systems are restricted to multi-day cycles, making them largely incompatible with the intermittent nature of renewable energy generation. Furthermore, solar-heavy grids don’t need a 100-hour battery. Unlike regions that require seasonal storage, the renewable challenge across Asia and MEA is fundamentally a daily balancing problem. By engineering our system to capture a full charge within a tight 6-to-8-hour window, we are finally turning iron-air batteries from a sluggish backup chemistry into a foundational, daily-cycling asset,” said Priyansh Mohan, Co-founder and CEO of Meine Electric. This daily-cycling capability aligns precisely with the requirements of rapidly growing renewable energy markets like India, where the grid demands storage technologies that can consistently capture excess solar generation during the day and discharge it reliably overnight. For Meine Electric, it reinforces the company’s progress from laboratory-scale development towards real-world deployment of next-generation storage solutions. Founded in 2023 by Priyansh Mohan and Stuti Kakkar, Meine Electric is the first company in APAC, and the third player globally, pioneering iron-air long-duration energy storage. As India races towards its 500 GW renewable energy target by 2030, Meine Electric is positioned to deliver key strategic advantages: Market-Leading Costs: The proprietary technology operates at a levelised cost of storage (LCOS) of less than $0.05/kWh (~₹5/kWh). Daily-Cycling Capability: Affordable, daily-cycling batteries that seamlessly complement lithium-ion to unlock true round-the-clock renewable power. Grid Infrastructure: Systems capable of functioning as foundational assets to firm renewables and flexibilize thermal assets.…
The Slate Truck isn’t due for deliveries until Q4 this year, but the American EV startup already has one collab…
The Slate Truck isn’t due for deliveries until Q4 this year, but the American EV startup already has one collab…
After stepping down as CEO of Eternal Ltd. in February, Deepinder Goyal is focusing on ambitious projects in health technology…
After stepping down as CEO of Eternal Ltd. in February, Deepinder Goyal is focusing on ambitious projects in health technology…