Project Traits

State: Illinois

Congressional District: IL12

Organization Type: Commercial

Partner Organization(s) Type: Commercial

Energy Sector: Clean Power

Energy Subsector: Solar

Project Start Year: Unknown

Project Launch Year: Unknown

Government Support Received: Federal Tax Credit [Investment Tax Credit (ITC)] for Unknown Amount

Outcomes & Impacts

Private Investment: $340,000,000

Jobs Announced or Created: Unknown

People Served: Unknown

Projected Economic Impact: Unknown

At approximately 300 megawatts, the complete Eldorado Solar project will generate enough electricity to power approximately 56,000 Illinois homes each year.

During construction, this project produced over 500 full-time jobs. Over the lifetime of the project, Eldorado Solar will generate $42 million in local tax revenue, including $23 million for area schools.

June 6, 2024: Building upon its approach to combining clean energy infrastructure with community and ecological impact, national renewable energy company Sol Systems today unveiled its latest project, Eldorado Phase II. Once completed, Eldorado Phase II will increase the overall project’s capacity to over 300 MW, making it one of the largest solar projects in the region, and one of the largest combined solar + crop cultivation projects in the country. This expansion will significantly stimulate the economy in Saline County, Illinois, adding nearly half a billion dollars in regional investment. (https://www.solsystems.com/news/sol-systems-launches-innovative-solar-and-sustainable-agriculture-project-in-illinois/)