Brightsource Energy Inc., an Oakland, California-based developer of utility-scale solar thermal power plants, announced that the California Energy Commission’s (CEC) siting committee recommended approval of what will be the world’s largest solar energy project.

The project, called the Ivanpah Solar Energy Generating System (ISEGS), consists of a three-plant, 392-megawatt solar electric generating system located in California’s Mojave Desert. After a 30-day comment period passes, the final permits allowing the commencement of construction will most likely be issued. Additionally, Brightsource Inc. has received a conditional commitment from the U.S. Department of Energy for $1.37 billion in loan guarantees to fund the project.