Free Trial

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.
71 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

 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.