IBS established its subsidiary “IES” in 2015 as a Solar Energy Solution providing solar cells and energy panels. IES also solely provided Haier water heaters and welling. Since its establishment, IES has been the go-to for large-scale clients such as Palm Hills Real Estate; in their project, we delivered and installed 750 water heaters with 250L capacity. According to the Egyptian government’s renewable energy plan, Egypt intends to increase the supply of electricity generated from renewable sources to 20% by 2022 and 42% by 2035, with wind providing 15% hydropower, 2%, and solar 25% by 2035.