Egypt’s New and Renewable Energy Authority (NREA) plans to invite bids within weeks to set up solar and wind power plants with total capacities exceeding 2,000 MW, a report said.

Rules regulating tenders will be determined according to technologies targeted by the projects, and the capacities sought will be based on the national electricity grid’s ability to accommodate them, reported Daily News Egypt, quoting NREA head Mohamed Salah Sobky.

Offers worth $8 billion were made by Arab and foreign companies to establish the plants, the report quoted an NREA official.

The companies include Gigawatt Global, Spain’s Vestas, Chinese company Suntech, the Saudi foundation Aldosary, China’s Shanghai, El-Rehab for Projects & Trade, Cypriot company Masdar, First Solar, and China’s XD-Egemac, the report said.