The investment will run under the BIRD Energy program with a total value of $17.4 million in sectors such as energy storage.

Limitless power has long been a dream for mankind. But when it comes to technology, sometimes baby steps are needed before the giant leap. Israeli Sol Chip has made one such step with its rechargeable solar-powered battery.

Israeli start-up Sol-Chip develops disposable, solar-powered batteries designed for specific products and are being integrated as part of the device. It's a green, low-cost solution that takes the burden off managers, and puts it on the sun, which is “responsible” for powering and recharging the batteries that make these devices work.