RESS 1 Project definition

RESS 1 Project means a renewable energy project in receipt of a RESS 1 Letter of Offer and one which has also signed a RESS 1 Implementation Agreement.
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RESS 1 Project means a renewable energy project, as detailed in an Application for Qualification.
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Examples of RESS 1 Project in a sentence

  • This provision will apply to the RESS 1 Project without regard to ownership of the RESS 1 Project after the final year of RESS 1 Support.

  • In the event that, at the end of the term of RESS 1 Support for a RESS 1 Project or after a RESS 1 Project has exited RESS 1 pursuant to the provisions in these Terms and Conditions, the final reconciliation calculation indicates that there is an amount due from the Supplier, such amount will be the joint and several responsibility of the Supplier and the Generator.

  • The Letter of Offer will contain a unique RESS 1 reference number in respect of the RESS 1 Project.

  • In the event that costs exceed market revenues, payments will flow from the PSO in the direction of the Supplier to the PPA for the RESS 1 Project.

  • The Curtailment Compensation Arrangements will set out the calculation, in respect of a RESS 1 Project in a given PSO Levy Year, of the level of additional compensation (if any) that is consistent with a Curtailment level limited to a maximum of 10.0% for that RESS 1 Project in that year.

  • In the event a declaration is found to be false before or after the RESS 1 Auction has been held, the participation of the RESS 1 Project in RESS 1 may be terminated, the Letter of Offer revoked (if applicable) and the full amount of any Bid Bond or Performance Bond in place may be drawn down by the TSO or the Minister (as applicable).

  • A RESS 2 Project which is a separately metered extension of a RESS 1 Project in accordance with Section 6.4.10(b) will only be eligible for support under RESS 2 once the associated RESS 1 Project has achieved Commercial Operation in accordance with the RESS 1 Implementation Agreement for that RESS 1 Project.

  • The RESS 1 Project may be subject to audit by the Minister and / or the TSO (or their respective nominees or agents) and required to demonstrate that these requirements have been met in order to participate in RESS 1.

  • All RESS 1 Projects must be operated in accordance with Prudent Electric Utility Practice in order to ensure the RESS 1 Project is available to produce electricity at times of relative system scarcity and at times of higher than average market prices.

  • RESS 1 Support will be eligible to commence upon the Commercial Operation of the RESS 1 Project or on 1 July 2021 (whichever is later), subject always to the RESS 1 Project having been listed in the PSO Order.

Related to RESS 1 Project

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.

  • Solar PV Project means the solar Photo Voltaic Power project that uses sunlight for direct conversion into electricity through Photo Voltaic technology.

  • generating plant means the generating facility described in Schedule 1 as amended from time to time;

  • New Project means (a) each facility or operating location which is either a new facility, location or office or an expansion, relocation, remodeling or substantial modernization of an existing facility, location or office owned by the Borrower or its Subsidiaries which in fact commences operations and (b) each creation (in one or a series of related transactions) of a business unit to the extent such business unit commences operations or each expansion (in one or a series of related transactions) of business into a new market.

  • Development Project means a project for the development of land within a

  • Expansion Project has the meaning set forth in Section IV.3.a of this Agreement.

  • Infrastructure improvement means permanent infrastructure that is essential for the public health and safety or that:

  • Redevelopment project means a specific construction project

  • Pilot project means an innovative environmental project that covers one or more designated facilities, designed and implemented in the form of an EMSA. (See Section 52.3 of the Act.)

  • Mixed-use project means a project comprising both a qualified

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Sub-project means a specific development project to be carried out by a Beneficiary utilizing the proceeds of a Sub-loan;

  • Ongoing Project means a multi-year project undertaken by a Company in fulfilment of its CSR obligation having timelines not exceeding three years excluding the financial year in which it was commenced, and shall include such project that was initially not approved as a multi-year project but whose duration has been extended beyond one year by the board based on reasonable justification;

  • Infrastructure Improvements means a street, road, sidewalk, parking facility, pedestrian mall, alley, bridge, sewer, sewage treatment plant, property designed to reduce, eliminate, or prevent the spread of identified soil or groundwater contamination, drainage system, waterway, waterline, water storage facility, rail line, utility line or pipeline, transit-oriented development, transit-oriented property, or other similar or related structure or improvement, together with necessary easements for the structure or improvement, owned or used by a public agency or functionally connected to similar or supporting property owned or used by a public agency, or designed and dedicated to use by, for the benefit of, or for the protection of the health, welfare, or safety of the public generally, whether or not used by a single business entity, provided that any road, street, or bridge shall be continuously open to public access and that other property shall be located in public easements or rights-of-way and sized to accommodate reasonably foreseeable development of eligible property in adjoining areas. Infrastructure improvements also include 1 or more of the following whether publicly or privately owned or operated or located on public or private property:

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

  • Project Improvements means site improvements and facilities that are:

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Phase 1 means the first implementation phase of this section, beginning June 1, 2018 and ending May 31, 2022.

  • Infrastructure project means any construction or acquisition of treatment works,

  • Subprojects means more than one such Subproject.

  • Subproject means a specific water and/or sanitation Subproject financed or to be financed by a Subproject Grant (as hereinafter defined) provided from the proceeds of the Credit under Part C.1 of the Project;

  • The Project Plan means the document to be developed by the Supplier and approved by the Purchaser, pursuant to GCC Clause 19, based on the requirements of the Contract and the Preliminary Project Plan included in the Supplier’s bid. The “Agreed and Finalized Project Plan” is the version of the Project Plan approved by the Purchaser, in accordance with GCC Clause 19.2. Should the Project Plan conflict with the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • Condominium Project Real estate including the separate ownership in fee, or on a satisfactory leasehold estate, of a particular residential unit with an indivisible interest in the real estate designated for common ownership strictly by unit owners.

  • Major project means a project comprising of a series of works, activities or services which is intended, in itself, to accomplish a definite and indivisible task of a precise economic or technical nature, which has clearly identified goals and whose total cost exceeds that which is specified in the Framework Agreement;

  • The Project means supply, installation, testing and commissioning, integration of computer hardware and services with support under Warranty and annual maintenance contract, if required for the contract period.

  • Energy efficiency improvement means equipment, devices, or materials intended to decrease energy consumption, including, but not limited to, all of the following: