By Constance ThompsonOctober 7, 2021
The American Council on Renewable Energy (ACORE) is pleased to share the next installation in our “Accelerating Renewables” blog series.
Each installation includes market leaders and subjects related 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 companies that are prospering in the renewable energy sector.
Today, we are including Lyssy Energy Enterprises, a utility-scale renewable energy 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 begin Lyssy Energy?
Lyssy Energy Enterprises all began with a favor to my dad. He asked me to put together an energy lease that would protect his land for ranching and farming while supplying an extra income. Prior to we understood it, my other half and I were helping others in the exact same circumstance. We made it main, got and started a company to work.
A couple years later on, we started partnering with eco-friendly energy designers. We utilized 2020 to rebrand Lyssy Energy into the business we had actually always dreamed about. In 2021, we have actually reintroduced ourselves to the world– no longer as an energy service business, however as eco-friendly energy developers with the hope of owning and running utility-scale eco-friendly energy tasks.
Tell us about Lyssy Energy.
Lyssy Energy Enterprises is an ingenious, privately held, utility-scale developer of solar, wind and battery energy options. Our prime instruction is to contribute to the acceleration of the energy markets shift to sustainable energy. We concentrate our operations in Texas, where booming population and business growth mean a quickly growing need for energy. Lyssy Energy thinks that by deploying wind, solar and battery storage, we can optimize our efforts and provide all kinds of sustainable energy options. This state is our house, and the energy crisis unfolding in our backyard is individual. We wish to belong of the solution and assist our next-door neighbors throughout the state establish much-needed sources of clean power. We are well on our method, with 1.5 gigawatts (GW) of tidy, dependable energy consisting of one wind and 3 solar jobs presently in development and a prospective portfolio of 15 GW.
What challenges do you face? Why?
Capital is one of the biggest obstacles we face at the minute. The wind and the sun offer electricity, however capital is what moves everything and everyone else. We require capital for daily operations, and to develop, construct and run our projects.
Securing advancement capital early is essential in providing land control and interconnection studies to get jobs off the ground. We are striving to develop relationships with big investment firms that have a strong interest in renewables and can offer the capital needed to develop an effective sustainable energy task.
How can prospective partners work with you?
Lyssy Energy Enterprises is open to collaborations or joint endeavors. We are offered to discuss the need for all types of capital stack with numerous equity, tax and debt business that operate in this industry and those interested in investing in eco-friendly energy projects and business.
How are you making an effect through Lyssy Energy?
Lyssy Energy Enterprises makes every effort to continue developing a varied business. We intend to help stabilize the inequalities in our society by connecting to people that are traditionally overlooked and passed over. Ladies and individuals of color are crucial to our success, and it is necessary to promote their advancement to positions of management and management.
Hardship is another concern we wish to attend to. Lyssy Energy is dealing with bad communities in backwoods, and we wish to make a difference by bringing renewable resource jobs to areas with high rates of hardship and other susceptible neighborhoods. These tasks supply reliable and affordable electricity, and also bring task chances and infrastructure development to poor neighborhoods. It is essential for the energy shift to not only modification how we produce energy, however to bring the disenfranchised to the center of this technological advancement so everyone shares the advantages.
How has your Accelerate subscription assisted your organization?
Being able to get involved in ACOREs Accelerate membership program is a delight and an opportunity. This program has actually supported our efforts to be a part of the solution during this unsure time in our lives. The Accelerate Program has connected us to a few of the greatest and most influential companies in the world, and these connections help provide us the power to make a distinction. Someday, we hope to return the favor.
To get more information about or contact Lyssy Energy Enterprises, see https://www.lyssyenergy.com/.
In 2021, we have reestablished ourselves to the world– no longer as an energy service company, however as eco-friendly energy developers with the hope of owning and running utility-scale renewable energy projects.
Lyssy Energy Enterprises is an innovative, independently held, utility-scale designer of solar, wind and battery energy services. Lyssy Energy believes that by deploying wind, solar and battery storage, we can optimize our efforts and provide all kinds of eco-friendly energy options. Lyssy Energy is working with poor communities in rural areas, and we hope to make a difference by bringing eco-friendly energy jobs to locations with high rates of poverty and other susceptible neighborhoods. It is essential for the energy transition to not only change how we produce energy, but to bring the disenfranchised to the center of this technological development so everyone shares the benefits.