By Constance ThompsonOctober 7, 2021
In 2021, we have actually reestablished ourselves to the world– no longer as an energy service company, but as sustainable energy developers with the hope of owning and running utility-scale eco-friendly energy tasks.
Lyssy Energy Enterprises is an ingenious, independently held, utility-scale designer of solar, wind and battery energy options. Lyssy Energy believes that by releasing wind, solar and battery storage, we can maximize our efforts and supply all kinds of renewable energy services. Lyssy Energy is working with poor neighborhoods in rural locations, and we hope to make a difference by bringing renewable energy projects to locations with high rates of hardship and other susceptible communities. It is crucial for the energy shift to not only modification how we produce energy, however to bring the disenfranchised to the center of this technological development so everybody shares the benefits.
The American Council on Renewable Energy (ACORE) is pleased to share the next installation in our “Accelerating Renewables” blog series.
Each installation features industry leaders and subjects associated with accelerating a fair and just transition to a sustainable energy economy. In recognition of National Hispanic Heritage Month, ACORE is highlighting three Hispanic-owned member companies that are thriving in the eco-friendly energy sector.
Today, we are including Lyssy Energy Enterprises, a utility-scale renewable resource developer in Texas. The following is a Q&A with Lyssy Energy Co-Founder and COO Katie Garza and Constance Thompson, ACOREs Vice President of Diversity, Equity and Inclusion Programs.
What inspired you to start Lyssy Energy?
Lyssy Energy Enterprises all started with a favor to my father. He asked me to put together an energy lease that would protect his land for ranching and farming while supplying an additional source of income.
A couple years later on, we started partnering with renewable energy designers. There were definitely shortcomings and obstacles, closed doors and unequal partnerships, but we used this time to actually hone our craft. If we desired our service to grow and succeed then we would need to take a danger, we realized that. In 2020, when the world was forced to slow down due to the pandemic, we chose to take that risk. We utilized 2020 to rebrand Lyssy Energy into the business we had constantly dreamed about. In 2021, we have actually reestablished ourselves to the world– no longer as an energy service business, but as renewable energy developers with the hope of owning and running utility-scale renewable energy jobs.
Inform us about Lyssy Energy.
Lyssy Energy Enterprises is an ingenious, privately held, utility-scale developer of solar, wind and battery energy solutions. Our prime instruction is to contribute to the velocity of the energy industrys transition to sustainable energy. Lyssy Energy believes that by releasing wind, solar and battery storage, we can optimize our efforts and supply all kinds of eco-friendly energy services.
What challenges do you face? Why?
Capital is one of the most significant challenges we deal with at the minute. The wind and the sun provide electrical power, however capital is what moves whatever and everyone else. We need capital for daily operations, and to develop, construct and run our projects.
Securing advancement capital early is necessary in providing land control and affiliation studies to get projects off the ground. We are striving to establish relationships with large investment firms that have a strong interest in renewables and can provide the capital needed to develop an effective renewable resource project.
How can prospective partners work with you?
Lyssy Energy Enterprises is open to collaborations or joint ventures. We are offered to talk about the requirement for all kinds of capital stack with various equity, tax and financial obligation business that run in this market and those thinking about buying renewable energy tasks and companies. Ideally, we would like to deal with investment partners that can provide capital from the advancement phase through the building and construction phase. We are likewise open to partners who have an interest in purchasing the business.
How are you making an effect through Lyssy Energy?
Lyssy Energy Enterprises makes every effort to continue constructing a diverse company. We want to assist stabilize the inequalities in our society by reaching out to people that are traditionally disregarded and passed over. Ladies and individuals of color are essential to our success, and it is very important to promote their improvement to positions of management and management.
Hardship is another problem we wish to deal with. Lyssy Energy is working with poor neighborhoods in backwoods, and we hope to make a difference by bringing renewable energy projects to areas with high rates of poverty and other susceptible neighborhoods. These tasks supply cost effective and trustworthy electricity, and also bring task chances and infrastructure advancement to poor neighborhoods. It is very important for the energy shift to not only change how we produce energy, however to bring the disenfranchised to the center of this technological evolution so everybody shares the advantages.
How has your Accelerate membership helped your company?
Being able to take part in ACOREs Accelerate subscription program is a delight and an opportunity. The Accelerate Program has actually linked us to some of the biggest and most prominent business in the world, and these connections assist give us the power to make a difference.
To read more about or contact Lyssy Energy Enterprises, visit https://www.lyssyenergy.com/.