January 15, 2025 11:00 GMT
POWER: Italy, Albania, UAE to Build €1bn Subsea Link for Renewables
POWER
Italy, Albania, and the UAE have joined forces to build a €1bn subsea interconnection across the Adriatic Sea, enabling Albania to export renewable energy to Italy, Italian Prime Minister Giorgia Meloni said, cited by MT NewsWire.
- The project involves grid operators Terna and Taqa and aims to advance the countries' shared clean energy goals.
- Albania will be responsible for producing the renewable energy to be exported to Italy, according to a Reuters report.
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