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Italy, Albania, and UAE sign €1 billion deal for a subsea renewable energy link across the Adriatic.
Italy, Albania, and the UAE have signed a €1 billion deal to build a subsea renewable energy interconnection across the Adriatic Sea.
The project, involving Italian grid operator Terna and the UAE's Taqa, will connect Albania's Vlore port to Italy's Puglia region and is expected to be operational within three years.
The initiative aims to produce and transport renewable energy from Albania to Italy.
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Italia, Albania y los Emiratos Árabes Unidos firman un acuerdo de 1 000 millones de euros para un enlace marítimo de energía renovable a través del Adriático.