Renewable Power Perspectives Q&A with Katie Garza, Co-Founder and COO, Lyssy Energy
By Constance ThompsonOctober 7, 2021
In 2021, we have actually reintroduced ourselves to the world– no longer as an energy service business, but as eco-friendly energy designers with the hope of owning and running utility-scale eco-friendly energy tasks.
Lyssy Energy Enterprises is an ingenious, privately held, utility-scale developer of solar, wind and battery energy services. Lyssy Energy thinks that by releasing wind, solar and battery storage, we can optimize our efforts and offer all kinds of eco-friendly energy options. Lyssy Energy is working with poor communities in rural locations, and we hope to make a distinction by bringing renewable energy tasks to locations with high rates of poverty and other susceptible communities. It is crucial for the energy shift to not only change how we produce energy, however to bring the disenfranchised to the center of this technological advancement so everyone shares the benefits.
The American Council on Renewable Energy (ACORE) is happy to share the next installment in our “Accelerating Renewables” blog series.
Each installation includes market leaders and topics associated with accelerating a fair and simply transition to a renewable resource economy. In acknowledgment of National Hispanic Heritage Month, ACORE is highlighting 3 Hispanic-owned member companies that are growing in the sustainable energy sector.
Today, we are featuring 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 began with a favor to my dad. He asked me to assemble an energy lease that would protect his land for ranching and farming while providing an additional income source. Prior to we understood it, my husband and I were helping others in the very same scenario. We made it main, got and began an organization to work.
A couple years later, we began partnering with sustainable energy developers. There were definitely imperfections and difficulties, closed doors and unequal partnerships, however we utilized this time to really hone our craft. We recognized that if we wanted our service to grow and prosper then we would need to take a threat. In 2020, when the world was required to slow down due to the pandemic, we decided to take that danger. We utilized 2020 to rebrand Lyssy Energy into the company we had constantly dreamed about. In 2021, we have reintroduced ourselves to the world– no longer as an energy service company, however as renewable resource designers with the hope of owning and operating utility-scale renewable resource projects.
Tell us about Lyssy Energy.
Lyssy Energy Enterprises is an innovative, privately held, utility-scale designer of solar, wind and battery energy services. Our prime regulation is to add to the velocity of the energy markets shift to sustainable energy. We concentrate our operations in Texas, where flourishing population and business growth mean a rapidly growing need for energy. Lyssy Energy believes that by releasing wind, solar and battery storage, we can optimize our efforts and offer all kinds of sustainable energy solutions. This state is our house, and the energy crisis unfolding in our backyard is personal. We want to be a part of the service and assist our neighbors throughout the state establish much-needed sources of clean power. We are well on our way, with 1.5 gigawatts (GW) of tidy, dependable energy including one wind and three solar projects presently in advancement and a potential portfolio of 15 GW.
What challenges do you deal with? Why?
Capital is one of the most significant obstacles we face at the minute. The wind and the sun provide electricity, but capital is what moves everything and everyone else. We require capital for daily operations, and to establish, construct and run our tasks.
Securing development capital early is vital in providing land control and affiliation studies to get tasks off the ground. We are working hard to establish relationships with big investment companies that have a strong interest in renewables and can provide the capital needed to develop an effective sustainable energy task.
How can possible partners work with you?
Lyssy Energy Enterprises is open to collaborations or joint ventures. We are available to talk about the requirement for all types of capital stack with various equity, tax and debt companies that operate in this industry and those interested in investing in renewable energy projects and companies.
How are you making an effect through Lyssy Energy?
Lyssy Energy Enterprises strives to continue building a varied company. We want to help balance the inequalities in our society by reaching out to people that are historically neglected and passed over. Women and people of color are key to our success, and it is necessary to promote their advancement to positions of management and management.
Hardship is another issue we hope to address. Lyssy Energy is working with bad neighborhoods in rural areas, and we intend to make a difference by bringing renewable resource projects to locations with high rates of hardship and other vulnerable neighborhoods. These projects supply inexpensive and reputable electricity, and likewise bring task chances and facilities advancement to poor neighborhoods. It is crucial for the energy transition 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.
How has your Accelerate subscription assisted your organization?
Being able to take part in ACOREs Accelerate subscription program is an opportunity and a pleasure. This program has supported our efforts to be a part of the solution during this unpredictable time in our lives. The Accelerate Program has actually connected us to some of the greatest and most influential companies on the planet, and these connections assist provide us the power to make a difference. Someday, we wish to return the favor.
To learn more about or contact Lyssy Energy Enterprises, visit https://www.lyssyenergy.com/.
###