The energy developer and project owner NextEra Energy Resources got the green light from the California Energy Commission (CEC) this week to build a $1 billion, 250 MW concentrating solar power plant in the state. It's the first time in 20 years that a project of its kind has gotten approval.
The Beacon Solar Energy project will consist of about 2,000 acres of parabolic troughs. NextEra is expecting it to come online in the next three years.