Keysight Technologies takes home Renewable Energy Adoption Award - Malaysia at ESGBusiness Awards 2024

Recognised for its groundbreaking solar project, Keysight Technologies has been honoured with the Renewable Energy Adoption Award - Malaysia.

Keysight Technologies, a leading technology company that delivers advanced design and validation solutions to help accelerate innovation to connect and secure the world, has recently earned the prestigious Renewable Energy Adoption Award - Malaysia at the ESGBusiness Awards 2024. This accolade is a testament to their ambitious and successful renewable energy project, which has not only set a benchmark in Penang but also aligns with their overarching goal of achieving net-zero emissions by 2040.

The company’s dedication to environmental sustainability is vividly illustrated through its impressive rooftop photovoltaic (PV) solar installation at the company’s largest site located in Penang, Malaysia. Spanning the entire campus, this ambitious project covers 21,340 square metres and features 10,670 solar panels with a peak capacity of 5.8 megawatts (MW). This makes it one of the largest industrial solar projects in Penang and a substantial player in Keysight's global sustainability efforts.

Solar array sets new standard for sustainability

Initiated in July 2021, the rooftop solar array project was completed in just ten months. Each of the panels, weighing 25 kilogrammes, was meticulously installed, resulting in a total weight equivalent to about 266,750 kilogrammes or approximately 300 cars.

This meticulous setup has enabled a future-proof system designed for the seamless integration of technological advancements, such as increased solar cell density and panel size variations, without incurring future setup costs.

Since its commissioning in May 2022, the solar system has generated a remarkable 18.9 Megawatt-hours (MWh) of renewable energy, which is converted into electricity and fully utilised on-site. This achievement translates to a reduction of 12,062 metric tons of carbon dioxide (CO2) emissions—equivalent to removing 2,622 gasoline cars from the road. Such a reduction improves air quality, particularly in Penang’s Free Industrial Zone (FIZ) area, spanning 5.7 square kilometres. Additionally, the environmental benefits of the project can be compared to saving around 301,560 trees, which are crucial for absorbing CO2 and maintaining ecological balance. 

A model for corporate sustainability

Keysight’s solar panel installation has set a new standard for corporate responsibility and environmental stewardship. It has inspired a cultural shift within the organisation, encouraging employees to engage more actively in sustainability efforts both at work and at home. The initiative has also created significant value for stakeholders, enhancing supply chain resilience and adapting effectively to evolving disruptions. 

By aligning with both Keysight’s and global sustainability goals, the project supports partners in achieving their own sustainability targets. Its success extends beyond Keysight, influencing industry-wide change and demonstrating a clear path for others to follow. Through this leadership, Keysight showcases how prioritising sustainable technology can pave the way for long-term success and contribute to a greener, more resilient future.

Keysight’s solar array is not just about the substantial figures and environmental benefits; it embodies a pioneering spirit that aims to leave a lasting legacy. As one of Malaysia’s economic powerhouses, Penang benefits from this innovative approach, which highlights the critical role of corporate initiatives in driving sustainable development and environmental responsibility.

The ESGBusiness Awards recognises companies that excel in sustainable practices, honouring businesses that show exceptional commitment to environmental, social, and governance standards.