By Constance ThompsonOctober 7, 2021
The American Council on Renewable Energy (ACORE) is happy to share the next installation in our “Accelerating Renewables” blog series.
Each installation features industry leaders and topics associated with speeding up a fair and simply shift to a renewable resource economy. In acknowledgment of National Hispanic Heritage Month, ACORE is highlighting 3 Hispanic-owned member companies that are prospering in the renewable 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 started with a favor to my daddy. He asked me to put together an energy lease that would safeguard his land for ranching and farming while offering an additional income source. Prior to we understood it, my partner and I were assisting others in the same scenario. So, we made it official, started an organization and got to work.
A couple years later on, we started partnering with renewable resource designers. There were definitely shortcomings and challenges, closed doors and unequal partnerships, but we used this time to actually hone our craft. We understood that if we wanted our business to grow and be successful then we would require to take a danger. In 2020, when the world was required 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 always dreamed about. In 2021, we have reintroduced ourselves to the world– no longer as an energy service company, however as eco-friendly energy designers with the hope of owning and operating utility-scale renewable resource projects.
Tell us about Lyssy Energy.
Lyssy Energy Enterprises is an innovative, independently held, utility-scale developer of solar, wind and battery energy solutions. Our prime regulation is to contribute to the velocity of the energy industrys shift to sustainable energy. Lyssy Energy thinks that by releasing wind, solar and battery storage, we can optimize our efforts and offer all kinds of eco-friendly energy services.
What challenges do you face? Why?
Capital is among the greatest challenges we face at the moment. The wind and the sun offer electricity, however capital is what moves whatever and everyone else. We need capital for everyday operations, and to develop, construct and run our projects.
Protecting development capital early is vital in offering land control and interconnection studies to get projects off the ground. We are striving to establish relationships with big investment firms that have a strong interest in renewables and can offer the capital needed to produce an effective renewable resource job.
How can prospective partners work with you?
Lyssy Energy Enterprises is open to partnerships or joint ventures. We are readily available to go over the need for all types of capital stack with various equity, tax and debt business that run in this industry and those interested in investing in sustainable energy jobs and companies.
How are you making an impact through Lyssy Energy?
Lyssy Energy Enterprises strives to continue developing a varied company. We want to help stabilize the inequalities in our society by connecting to people that are traditionally neglected and passed over. Females and people of color are key to our success, and it is essential to promote their advancement to positions of management and management.
Poverty is another concern we intend to deal with. Lyssy Energy is dealing with bad neighborhoods in rural locations, and we wish to make a distinction by bringing renewable energy tasks to locations with high rates of hardship and other vulnerable communities. These jobs offer budget-friendly and trusted electricity, and also bring task chances and facilities advancement to poor communities. It is very important for the energy shift to not only change how we produce energy, but to bring the disenfranchised to the center of this technological advancement so everyone shares the benefits.
How has your Accelerate membership helped your service?
Being able to take part in ACOREs Accelerate membership program is a delight and a benefit. This program has actually supported our efforts to be a part of the service throughout this unsure time in our lives. The Accelerate Program has linked us to a few of the greatest and most influential business worldwide, and these connections assist give us the power to make a difference. Someday, we want to return the favor.
To get more information about or contact Lyssy Energy Enterprises, check out https://www.lyssyenergy.com/.
In 2021, we have actually reestablished ourselves to the world– no longer as an energy service business, but as sustainable energy designers with the hope of owning and running utility-scale sustainable energy tasks.
Lyssy Energy Enterprises is an innovative, privately held, utility-scale designer of solar, wind and battery energy options. Lyssy Energy thinks that by deploying wind, solar and battery storage, we can maximize our efforts and offer all kinds of sustainable energy options. Lyssy Energy is working with bad neighborhoods in rural locations, and we hope to make a difference by bringing renewable energy tasks to locations with high rates of hardship and other vulnerable neighborhoods. It is important for the energy transition to not only modification how we produce energy, but to bring the disenfranchised to the center of this technological evolution so everybody shares the benefits.