The utility-scale power project will be deployed with the help of the project sponsor Abengoa Solar’s new Solar Collector Assembly.

The concentrating solar power plant will avoid nearly 350,000 metric tons of carbon dioxide annually and is anticipated to deliver enough electricity to power about 54,000 homes.

PG&E has signed a 25-year power purchase agreement to buy the electricity generated by the power project.

Upon completion, the solar generation project located in San Bernardino County, is expected to increase the nation’s currently installed concentrating solar power capacity by about 50%.

US Energy secretary Steven Chu said the project will provide local utilities with energy, help drive down the cost of solar power, all at minimal risk to the taxpayer.