Construction work on the project, located in the Calliope Range in Queensland, is expected to begin this year.
Upon completion, the wind farm will produce enough energy to power around 130,000 Queensland households.
Callide Wind Farm will also support Queensland’s target of a 30% reduction in greenhouse gas emissions by 2030.
DP Energy says the project will create direct employment opportunities during construction and operation, as well as indirect opportunities through increased demand for local products, materials, and services.
The company secured EBPC approval from the Australian Department of Climate Change, Energy, the Environment and Water for the project.
DP Energy is also hoping to secure approval for its 700MW Euston Wind Farm in New South Wales.
Other projects in its portfolio include the now operational 320MW Port Augusta Renewable Energy Park (pictured) in South Australia, a wind and solar venture with partner Iberdrola.
Commenting on the approval of Callide Wind Farm, DP Energy Australia’s head of development Hugh Cantwell said: “After working closely with the Department, we are very pleased to have achieved this key milestone for the project.
“We look forward to advancing the project towards construction and making a meaningful contribution to Queensland’s renewable energy future.”