The companies will build two 750-foot solar towers on a 3,800-acre site in Riverside County, California, with construction of the 500 MW project due to start at the end of this year.
Seville-based Abengoa will perform EPC, operation and maintenance with BrightSource supplying the solar field technology and plant design of the project, set to be online in 2016.
The Palen Solar Electricity Generating System, which has been modified from BrightSource's original 4,366-acre proposal to consume half as much water, is expected to create 2,000 construction jobs.
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