Financing
Financing Options for Your Clean Energy Projects
◆ PPA Option ◆
Our power purchase agreement is designed to help you transition to sustainable energy with meaningful savings with zero upfront cost and zero operation & maintenance cost. Here’s a quick overview:
| Feature | PPA |
| Focus | Electricity purchase |
| Upfront Cost | $0 |
| Maintenance fee |
$0 (100% paid by Adon) |
| Ownership | 100% Adon |
| Payment Model | Per kWh |
| Ideal For | Large commercial consumers |
◆ Direct Purchase Option ◆
For customers who prefer full control from Day 1, we offer directly purchase options for our flagship energy systems:
ー Benefits of Direct Purchase
- Own your energy system from Day 1
- No contracts, leases, or monthly payments
- Maximize long-term ROI
- Eligible for government incentives, tax benefits, or depreciation (where applicable)
ー U.S. Federal Tax Credit
- Investment Tax Credit (ITC) – Up to 30％ －Plus, may be eligible for domestic content/Low-income communities/Energy communities bonus credit, raising the ITC up to 50%.
- State of Hawaiʻi Tax Credit for Battery Projects – 35% tax credit for battery storage systems installed in Hawaiʻi, with a maximum credit of $500,000 per project.
- Additional 10% for EV Charging Projects
If the battery storage system is used in conjunction with an electric vehicle (EV) charging station, there’s an additional 10% tax credit available = 45%, or up to $500,000.
◆ Investing / Partnering on Projects ◆
- Adon Renewables is a key player in the renewable energy space, offering advanced energy solutions with battery storage and microgrids, with a focus on sustainability and innovation in Hawaiʻi and Beyond.