Twisting sheaf on Proj (${\mathcal{O}}_{\mathrm{Proj}S}(n)=\widetilde{S(n)}$)

With the graded shift convention $S(n{)}_d=S_{n+d}$, this is the sheaf associated with a graded module $S(n)$. Under the degree-one generation condition for Proj, it is an invertible sheaf: on $D_{+}(f)$ with $\mathrm{deg}f=1$, multiplication by $f^n$ freely generates its local module for every integer $n$. Without that hypothesis, it need not be invertible. The twisting sheaf on projective space is the standard special case. Stacks Project, Section 27.10 records the hypotheses and local trivializations.