Italy, Albania, and UAE Forge Clean Energy Pact

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Italy, Albania, and UAE Forge Clean Energy Pact
Clean EnergyRenewable EnergyItaly
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Italy, Albania, and the United Arab Emirates have signed a landmark clean energy agreement aimed at leveraging the UAE's expertise to power Albania with renewable energy, with some of it then transmitted to Italy via an underwater cable. The deal is seen as a significant step towards sustainable energy solutions and reducing reliance on fossil fuels.

Italy , Albania , and the United Arab Emirates signed a groundbreaking three-way clean energy cooperation deal on Wednesday. The agreement, announced during a visit to Abu Dhabi by Italian Premier Giorgia Meloni, aims to leverage the UAE 's expertise in renewable energy to power Albania . The generated solar, wind, and other renewable energy will then be transmitted to Italy via an underwater cable.

This strategic partnership between the three nations signifies a significant push towards sustainable energy solutions. Meloni emphasized the deal's role in meeting Italy's long-term electricity demands while adhering to its international commitments on sustainable energy, made at U.N. climate conferences. She highlighted the pragmatic approach of the agreement, which aims to transition away from fossil fuels amidst the surging demand for energy driven by artificial intelligence technologies. The Italian Premier acknowledged the unconventional nature of the three-way deal, recognizing the geographic distance between the partners. However, she underscored the shared vision for a sustainable energy future. Meanwhile, Sultan al-Jaber, the UAE's Minister of Industry and Technology and chairman of Masdar, affirmed the deal's contribution to tripling renewable energy production. Al-Jaber, who also served as president of the COP28 summit, played a key role in emphasizing the importance of renewable energy in addressing global climate change

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