Located about 100 miles northeast of Los Angeles, the 250MW concentrating solar power plant is sponsored by Abengoa Solar.
The company plans to begin construction of the facility in August this year and the plant is expected to start producing power in 2014.
The electricity generated by the facility will be sold to Pacific Gas & Electric under a 25-year contract.
The power project is expected to produce enough energy to serve about 53,000 households and avoid 350,000 metric tons of carbon dioxide emissions annually.
According to Abengoa, the construction and operation of the solar plant will represent a total investment of $1.6bn.
