In the presence of the President of the State, a tripartite framework partnership agreement was signed with Italy and Albania to cooperate in clean energy projects

In the presence of His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the State, may God protect him, His Excellency Giorgia Meloni, Prime Minister of Italy, and His Excellency Edi Rama, Prime Minister of the Republic of Albania. The UAE, Italy and Albania signed a tripartite framework partnership agreement for cooperation in clean energy projects.

The framework partnership agreement was signed by the Minister of Industry and Advanced Technology, Chairman of the Board of Directors of Masdar, Dr. Sultan Ahmed Al Jaber, the Italian Minister of Environment and Energy Security, Gilberto Piccito Frattin, and the Deputy Prime Minister and Minister of Infrastructure and Energy of Albania, Belinda Balocco, as part of the activities of “Abu Dhabi Sustainability Week.” “.

The framework agreement identifies the main areas of cooperation between the UAE, Albania and Italy, which include implementing large-scale renewable energy projects in Albania, with a focus on solar photovoltaic energy, wind energy and hybrid solutions, and a portion of this renewable energy will be transferred to Italy.

This cooperation represents an important step towards enhancing energy security, advancing sustainable development, and accelerating the transition to clean energy in the Mediterranean region. It also promotes the creation of strategic partnerships in priority sectors and areas, including renewable energy, energy transmission, and related infrastructure.

His Excellency Dr. Sultan Ahmed Al Jaber said, on this occasion, that in line with the leadership’s vision and directives to enhance international cooperation in the field of sustainable development and energy, this framework agreement comes to confirm the importance of linking energy sources at the global level, in a way that supports ensuring energy security, and achieving the goal of doubling renewable energy capabilities. Three times, advancing efforts to reduce emissions, increase energy supply, and promote sustainable economic development.

His Excellency added that by benefiting from the UAE’s global experience in the field of renewable energy, the abundant natural resources in Albania, and the developed energy market in Italy, we seek to build long-term cooperation relations for the production and exchange of renewable energy in the Mediterranean region, stressing that the UAE It continues its pioneering role in supporting the achievement of a qualitative shift in the global energy system.

For his part, His Excellency Gilberto Piccito Frattin said: “We are pleased to be part of this tripartite framework partnership that aims to enhance cooperation in the field of renewable energy at a competitive cost, which supports Italy’s role as a center for energy and renewable energy in the Mediterranean region… It also strengthens our cooperation with countries “The Balkans in the energy sector, which is of interest to Italy and the European Union.”

He added that the Tripartite Framework Partnership Agreement confirms that achieving the ambitious climate goals set by the Conference of the Parties (COP28) can only be achieved through concerted global efforts and cooperation in the field of green energy.

For her part, Her Excellency Belinda Paluku said that the agreement is an important step that contributes to achieving Albania’s ambitions in the field of renewable energy. She pointed out that cooperation with the UAE, a world leader in developing innovative renewable energy projects, and Italy, which has an advanced energy infrastructure and great experience in This field would allow us to benefit from our full potential to achieve the desired sustainable growth.

She added that Albania’s abundant natural resources, in addition to the expertise enjoyed by our partners, will contribute to advancing the transition towards green energy in addition to providing economic and job opportunities in the long term. She stressed that this partnership represents a foundation for building a more sustainable and resilient future for the energy sector in the region. The Mediterranean and the world.

The tripartite framework partnership agreement announced today follows the agreement signed by the Abu Dhabi Future Energy Company “Masdar” and the Albanian energy company “Kish”, on the sidelines of the Conference of States Parties to the United Nations Framework Convention on Climate Change “COP29” last November. With the aim of establishing a strategic partnership to develop and operate renewable energy projects, using various technical solutions that include solar photovoltaic energy, wind energy, and hybrid solutions, with the possibility of developing battery systems for energy storage.

The ceremony was attended by: His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, His Highness Sheikh Hamdan bin Mohammed bin Zayed Al Nahyan, Deputy Head of the Presidential Office for Special Affairs, His Excellency Sheikh Mohammed bin Hamad bin Tahnoun Al Nahyan, Advisor to the President of the State, and His Excellency Reem. Bint Ibrahim Al Hashemi, Minister of State for International Cooperation, and a number of senior officials.