By bno – Taipei Office London-based investment firm Actis has formalised a significant $600mn investment into the Philippines, aiming to develop the country’s—and the world’s—largest single-site solar power project. The Terra Solar initiative, set to become a landmark in global renewable energy, was announced through an agreement signed with Manila Electric Corp. (Meralco) and SP New Energy Corp (SPNEC) at Meralco’s headquarters in Pasig City on August 6, as reported byPhilippine News Agency (PNA). Torbjorn Caesar, Chair and Senior Partner at Actis, expressed enthusiasm about the investment, d…