By Constance ThompsonOctober 7, 2021
In 2021, we have actually reintroduced ourselves to the world– no longer as an energy service business, but as sustainable energy developers with the hope of owning and operating utility-scale sustainable energy jobs.
Lyssy Energy Enterprises is an innovative, independently held, utility-scale developer of solar, wind and battery energy solutions. Lyssy Energy thinks that by releasing wind, solar and battery storage, we can maximize our efforts and supply all kinds of renewable energy solutions. Lyssy Energy is working with bad neighborhoods in rural areas, and we hope to make a distinction by bringing eco-friendly energy projects to areas with high rates of hardship and other vulnerable neighborhoods. It is crucial for the energy shift to not only change how we produce energy, but to bring the disenfranchised to the center of this technological evolution so everybody shares the benefits.
The American Council on Renewable Energy (ACORE) is pleased to share the next installment in our “Accelerating Renewables” blog series.
Each installment features market leaders and topics connected to accelerating a fair and simply shift to a renewable resource economy. In acknowledgment of National Hispanic Heritage Month, ACORE is highlighting three Hispanic-owned member business that are thriving in the renewable resource sector.
Today, we are featuring Lyssy Energy Enterprises, a utility-scale renewable resource designer 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 daddy. He asked me to assemble an energy lease that would protect his land for ranching and farming while offering an additional income. Prior to we understood it, my husband and I were assisting others in the exact same scenario. So, we made it main, got and began a business to work.
A couple years later on, we began partnering with renewable resource designers. There were definitely imperfections and challenges, closed doors and unequal partnerships, however we used this time to truly develop our craft. If we wanted our business to grow and succeed then we would need to take a danger, we understood that. In 2020, when the world was forced to slow down due to the pandemic, we chose to take that threat. We utilized 2020 to rebrand Lyssy Energy into the company we had constantly dreamed about. In 2021, we have actually reintroduced ourselves to the world– no longer as an energy service business, however as renewable energy designers with the hope of owning and running utility-scale renewable resource projects.
Tell us about Lyssy Energy.
Lyssy Energy Enterprises is an innovative, independently held, utility-scale designer of solar, wind and battery energy services. Our prime directive is to contribute to the velocity of the energy industrys transition to sustainable energy. We concentrate our operations in Texas, where growing population and company development indicate a rapidly growing need for energy. Lyssy Energy believes that by deploying wind, solar and battery storage, we can optimize our efforts and provide all sort of renewable resource options. This state is our house, and the energy crisis unfolding in our yard is individual. We want to belong of the solution and assist our next-door neighbors across the state establish much-needed sources of tidy power. We are well on our method, with 1.5 gigawatts (GW) of clean, dependable energy consisting of one wind and three solar jobs presently in advancement and a prospective portfolio of 15 GW.
What obstacles do you face? Why?
Capital is one of the greatest challenges we deal with at the moment. The wind and the sun provide electrical energy, but capital is what moves whatever and everybody else. We require capital for everyday operations, and to establish, construct and run our jobs.
Securing development capital early is essential in offering land control and interconnection studies to get projects off the ground. We are working hard to develop relationships with big financial investment firms that have a strong interest in renewables and can offer the capital required to create a successful renewable energy task.
How can prospective partners do company with you?
Lyssy Energy Enterprises is open to collaborations or joint ventures. We are readily available to talk about the requirement for all kinds of capital stack with different equity, tax and debt companies that run in this market and those thinking about investing in eco-friendly energy jobs and business. Ideally, we wish to deal with financial investment partners that can supply capital from the development phase through the building stage. We are likewise open to partners who are interested in purchasing the company.
How are you making an effect through Lyssy Energy?
Lyssy Energy Enterprises makes every effort to continue building a diverse business. We want to help balance the inequalities in our society by connecting to individuals that are historically disregarded and passed over. Ladies and people of color are crucial to our success, and it is very important to promote their improvement to positions of management and management.
Lyssy Energy is working with bad communities in rural locations, and we hope to make a distinction by bringing eco-friendly energy tasks to areas with high rates of poverty and other susceptible neighborhoods. It is important for the energy shift to not only modification how we produce energy, but to bring the disenfranchised to the center of this technological evolution so everyone shares the benefits.
How has your Accelerate membership assisted your organization?
Being able to get involved in ACOREs Accelerate membership program is an opportunity and a delight. The Accelerate Program has linked us to some of the biggest and most influential companies in the world, and these connections help provide us the power to make a distinction.
To get more information about or contact Lyssy Energy Enterprises, go to https://www.lyssyenergy.com/.