UAE, Italy, and Albania Forge Strategic Green Energy Partnership
In a significant step towards cross-border energy cooperation, the UAE, Italy, and Albania have signed a historic tripartite strategic partnership framework aimed at enhancing collaboration in renewable energy and energy infrastructure. The signing ceremony was attended by President His Highness Sheikh Mohamed bin Zayed Al Nahyan, Her Excellency Giorgia Meloni, Prime Minister of Italy, and His Excellency Edi Rama, Prime Minister of Albania.
The agreement, which was signed by His Excellency Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President, and Chairman of Masdar; His Excellency Gilberto Pichetto Fratin, Italian Minister of the Environment and Energy Security; and Her Excellency Belinda Balluku, Albanian Deputy Prime Minister and Minister of Infrastructure and Energy, marks a significant milestone for the Mediterranean region’s renewable energy ambitions.
Announced during the High-Level Dialogue on Grid Interconnectivity at Abu Dhabi Sustainability Week, the framework emphasizes the deployment of large-scale renewable energy projects in Albania, including solar photovoltaics, wind, and hybrid solutions with battery storage. A substantial portion of the energy generated will be transmitted to Italy.
The partnership also aims to establish a cross-border electricity transmission interconnection linking Albania and Italy, strengthening energy security and promoting sustainable development across the Mediterranean.
Dr. Sultan Al Jaber commented, "By leveraging the UAE's world-class expertise in renewable energy, Albania's abundant natural resources, and Italy's advanced energy market, we are creating a connected future for the development and sharing of renewable energy capacity in the region."
This collaboration is set to boost the green energy transition, creating long-term economic opportunities and fostering job growth while working towards ambitious climate objectives set during COP28.
