In the presence of the Head of State and the Prime Ministers of Italy and Albania, the signing of a tripartite partnership in clean energy projects

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

The framework partnership agreement was signed by the Minister of Industry and Advanced Technology and Chairman of the Masdar Board of Directors, 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 Paluku, as part of the activities of “Abu Dhabi Sustainability Week.” ».

The framework agreement defines the main areas of cooperation between the UAE, Albania and Italy, and includes the implementation of 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.

Dr. Sultan Ahmed Al Jaber said 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, achieving the goal of tripling renewable energy capabilities, and advancing efforts Reduce emissions, increase energy supply, and promote sustainable economic development.

He added that by benefiting from the UAE’s global experience in the field of renewable energy, the abundant natural resources in Albania, and the advanced 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 continues its role. A pioneer in supporting a qualitative shift in the global energy system.

For his part, Gilberto Piccito Frattin said: “We are pleased to be part of this tripartite framework partnership, which 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, and also strengthens our cooperation with countries.” “The Balkans in the energy sector, which is of interest to Italy and the European Union.”

For her part, Belinda Balocco said that the agreement is an important step that contributes to achieving Albania’s ambitions in the field of renewable energy, noting that cooperation with the UAE, the world leader in developing innovative renewable energy projects, and Italy, which has an advanced energy infrastructure and great experience. In this field – it would allow us to benefit from the 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 opportunities and work in the long term, stressing that this partnership represents a foundation for building a more sustainable and flexible future for the energy sector in the country. The Mediterranean region and the world.

The tripartite framework partnership agreement 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 partnership. A strategy for developing and operating 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.