Asian govts keen on renewables despite low oil prices: Equis

Singapore

DESPITE the low oil prices, Asian governments are still keen on harnessing renewable energy for the energy security and predictability in electricity prices it provides, Asia's largest investor and developer of renewable energy has said.

Equis, which has US$2.7 billion of funds under management, is opening a solar plant in the Philippines - South-east Asia's largest - on Thursday.