Technical FAQs 4

Is there a solar project in the Philippines?

Given the limited scale of solar in the Philippines, it is perhaps surprising that there are plans to develop one of the world’s biggest combined PV and energy storage projects in the country.

Who owns Terra Solar Philippines?

UK investment firm Actis has finalised its investment in Terra Solar Philippines Inc, thus taking an equity stake in a GW-scale solar and energy storage project in a deal worth USD 600 million (EUR 550.5m). Image by: Actis. The transaction was sealed with MGEN Renewable Energy Inc, a unit of Manila Electric Company (PSE:MER), or Meralco.

What is the largest solar farm in the Philippines?

The 63.3MW Calatagan Solar Farm, which was the largest in the country when it was commissioned in 2016. Image: Solar Philippines. The Board of Investments (BOI) in the Philippines has given a ‘green lane certificate’ for a solar and storage project said to be the largest in the world, enabling it to proceed at a quicker pace.

Does Actis own terra Solar Philippines Inc?

(USD 1.0 = EUR 0.918) UK investment firm Actis has finalised its investment in Terra Solar Philippines Inc, thus taking an equity stake in a GW-scale solar and energy storage project in a deal worth USD 600 million (EUR 550.5m).

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