What does offtake mean?

What does offtake mean?

Definition of offtake 1 : the act of taking off: such as. a : the taking off or purchase of goods. b : the amount of goods purchased during a given period.

Is Offtaker a word?

As used in project financing, this is the party who buys the product being produced by the project or who uses the services being sold by the project (for example, electricity, mined copper or a pipeline).

What is the formal definition of love?

1 : a feeling of strong or constant affection for a person motherly/maternal love fatherly/paternal love See More Examples. Hide. 2 : attraction that includes sexual desire : the strong affection felt by people who have a romantic relationship a declaration of love He was just a lonely man looking for love.

What is offtake point?

noun A point or channel of drainage or off-flow ; offlet . noun mining The removal of oil (or an industrial chemical) from a storage facility .

What is an Offtaker in energy?

What is a Power Purchase Agreement? In a PPA, a solar purchaser or “offtaker” buys power from a project developer at a negotiated rate for a specified term without taking ownership of the system.

What is a corporate Offtaker?

Under a corporate PPA, an offtaker can purchase power either from an on/near-site project (known as behind-the-meter and private wire respectively) or from an offsite project (known as corporate PPAs). Proximity to the company’s operations may limit the size of the project due to space constraints.

What is the deep meaning of love?

Love means to be deeply committed and connected to someone or something. The basic meaning of love is to feel more than liking towards someone. It is a bond that two people share. There are a few things you need to avoid when building a new relationship like being too demanding.

What is an energy Offtaker?

What is offtake canal?

An offtake structure draws water from the main supply canal stores and supplies it to the fields. The focus of this study is to design an offtake structure as per the given discharge requirements and ground conditions.

Who buys the electricity from the Offtaker?

In corporate renewable energy PPAs, the “seller” is often the developer or project owner, the “buyer” (often called the “offtaker”) is the C&I entity. C&I renewable energy PPAs can take two primary forms – physical or financial (the latter often referred to as “virtual”).

What does busbar PPA mean?

Under a busbar PPA, the buyer takes delivery of the power at the point where the facility interconnects to the grid. Depending on how a facility’s non- busbar PPA is structured, excesses and deficiencies in power production can create merchant exposure.

What is an offtaker?

Offtaker means any person other than the Vendor or any of its Affiliates that is a counterparty to a Mineral Offtake Agreement or an Affiliate of the Vendor who contracts with the Vendor on arm’s length commercial terms in respect of the applicable Mineral Offtake Agreement.

What is the meaning of offtake?

Definition of offtake 1 : the act of taking off: such as a : the taking off or purchase of goods b : the amount of goods purchased during a given period

Who is an offtaker of a joint venture?

Offtaker means the counterparty to an Offtake Agreement which may include, as applicable, the manager of the Joint Venture, appointed pursuant to the Joint Venture Agreement or the Joint Venture Conduct. Sample 1 Sample 2 Sample 3

What is offtaker in power purchase agreement?

Offtaker means each counterparty under each Power Purchase Agreement. Offtaker means Citibank, N.A. and any other offtaker that enters into an Offtake Contract, which offtaker ( including any counterparty entering into hedging arrangements with respect to an Offtake Contract) is rated at least A2 by Moody ‘s and is rated at least A by S&P.