By Constance ThompsonOctober 7, 2021
The American Council on Renewable Energy (ACORE) is happy to share the next installation in our “Accelerating Renewables” blog site series.
Each installation features industry leaders and subjects connected to accelerating a fair and just shift to a sustainable energy economy. In acknowledgment of National Hispanic Heritage Month, ACORE is highlighting three Hispanic-owned member companies that are growing in the sustainable energy sector.
Today, we are including 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 begin Lyssy Energy?
Lyssy Energy Enterprises all began with a favor to my dad. He asked me to assemble an energy lease that would safeguard his land for ranching and farming while offering an extra income. Prior to we knew it, my other half and I were helping others in the same circumstance. We made it main, got and began an organization to work.
A couple years later on, we started partnering with renewable energy designers. 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 eco-friendly energy designers with the hope of owning and operating utility-scale sustainable energy projects.
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 add to the acceleration of the energy markets shift to sustainable energy. We focus our operations in Texas, where flourishing population and service development mean a rapidly growing need for energy. Lyssy Energy thinks that by deploying wind, solar and battery storage, we can maximize our efforts and offer all sort of renewable resource options. This state is our home, and the energy crisis unfolding in our backyard is personal. We want to belong of the service and assist our next-door neighbors across the state develop much-needed sources of tidy power. We are well on our way, with 1.5 gigawatts (GW) of tidy, trusted energy consisting of one wind and three solar projects currently in advancement and a prospective portfolio of 15 GW.
What difficulties do you face? Why?
Capital is among the greatest difficulties we deal with at the moment. The wind and the sun offer electrical energy, however capital is what moves everything and everybody else. We need capital for everyday operations, and to develop, construct and run our tasks.
Securing advancement capital early is vital in supplying land control and interconnection studies to get tasks off the ground. We are striving to develop relationships with large financial investment firms that have a strong interest in renewables and can provide the capital essential to create a successful renewable resource task.
How can potential partners work with you?
Lyssy Energy Enterprises is open to collaborations or joint endeavors. We are readily available to discuss the requirement for all types of capital stack with numerous equity, tax and financial obligation companies that run in this industry and those interested in investing in sustainable energy jobs and business.
How are you making an effect through Lyssy Energy?
Lyssy Energy Enterprises makes every effort to continue developing a diverse business. We want to help stabilize the inequalities in our society by reaching out to individuals that are traditionally neglected and passed over. Ladies and people of color are essential to our success, and it is important to promote their advancement to positions of management and management.
Lyssy Energy is working with bad communities in rural areas, and we hope to make a distinction by bringing renewable energy projects to locations with high rates of hardship and other susceptible communities. It is crucial 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 everyone shares the benefits.
How has your Accelerate membership helped your service?
Being able to take part in ACOREs Accelerate subscription program is a pleasure and an opportunity. The Accelerate Program has actually connected us to some of the most significant and most prominent companies in the world, and these connections help offer us the power to make a distinction.
To read more about or contact Lyssy Energy Enterprises, check out https://www.lyssyenergy.com/.
In 2021, we have reestablished ourselves to the world– no longer as an energy service company, but as renewable energy designers with the hope of owning and operating utility-scale eco-friendly energy jobs.
Lyssy Energy Enterprises is an innovative, independently held, utility-scale designer of solar, wind and battery energy solutions. Lyssy Energy thinks that by deploying wind, solar and battery storage, we can optimize our efforts and offer all kinds of sustainable energy options. Lyssy Energy is working with bad communities in rural areas, and we hope to make a distinction by bringing sustainable energy tasks to areas with high rates of poverty and other susceptible 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 evolution so everyone shares the advantages.