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Italy, Albania and UAE ink clean energy cooperation deal

  • Italy, Albania, and the United Arab Emirates signed a clean energy cooperation deal that involves producing renewable energy in Albania and transferring it to Italy via an underwater cable.
  • Italian Premier Giorgia Meloni announced the deal during her visit to Abu Dhabi, strengthening Italy's partnership with Albania beyond migration issues.
  • Albanian Premier Edi Rama estimated the energy deal's value at around 1 billion euros, aiming to help meet Italy's electricity needs sustainably.
  • Sultan Al-Jaber, the UAE's Minister of Industry and Technology, stated that the deal would assist in tripling renewable energy production.
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