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UAE, Albania and Italy to build €1bln Adriatic subsea cable
The underwater cable will link the Albanian port of Vlore with Italy’s Puglia region, the narrowest point between the two countries
The UAE partnered with Italy and Albania to build a €1 billion ($1 billion) subsea connection to import renewable energy across the Mediterranean region.
«We strongly believe in this project involving our three governments, private sector and grid operators,» Italian Prime Minister Giorgia Meloni told the World Future Energy Summit in Abu Dhabi.
The initiative will improve the existing 430km power interconnections along the Adriatic seabed, linking Italy to Montenegro and other Balkan regions.
Albanian Prime Minister Edi Rama added that the tripartite partnership aims to produce renewable energy in Albania, which will be exported to Italy through subsea cables.
The partnership will involve Italian grid operator Terna and UAE’s National Energy Company (Taqa). The partnership includes the deployment of gigawatt-scale renewable energy projects in Albania, focusing on solar PV, wind, and hybrid solutions with potential battery storage.
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