PJ Fourie
Gauteng (ZAF)
Role(s):
Founder/Owner/Principal
IES Electrical & Hardware Suppliers CC
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Startup
Location:
Gauteng
Industry:
Energy
Year Founded:
2000
Number Employees:
1-10 people
Description:
Solargenix is currently a product range within IES Electrical and Hardware Suppliers cc, a long established company dealing in retail and wholesale electrical supply, heavy current system design and installation, generators and similar products and services. The CEO of the company is a former deputy chief Electrical Engineer of the local municipality, and the company is Black empowered with a 25.1% shareholding by Historically Disadvantaged Individuals
The expansion into the SolarGenix product will be marketed and supported by a dedicated management, sales and support team as initially a separate division of IES. In due course it is likely that it will be structured as a company within the IES group.
SolarGenix intends to derive its income from the sale of solar water heaters for residential, business and institutional premises.
IES plans to expand to national status by setting up a national distribution network for the Solargenix product range on a non franchise system.