Irish renewables firm DP Energy said it has received development approval from South Australian Government for the 375MW Port Augusta Renewable Energy Park.
The project involves the installation of solar PV panels on almost 400ha of land, along with 59 wind turbines. When the plant becomes operational, it will produce about 1000GWh of electricity per year, enough to power about 200,000 households.
DP Energy calculates it will need to spend around $680 million on the project.
The project will help South Australia achieve its low carbon investment target of $10 billion by 2025. It will also create 250 jobs during the construction phase, peaking at around 600, and between 15 and 20 positions after that.