By Constance ThompsonOctober 7, 2021
The American Council on Renewable Energy (ACORE) is delighted to share the next installment in our “Accelerating Renewables” blog series.
Each installation features market leaders and subjects connected to speeding up a fair and simply transition 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 eco-friendly energy sector.
Today, we are including 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 create an energy lease that would protect his land for ranching and farming while supplying an extra income source. Before we understood it, my spouse and I were assisting others in the exact same circumstance. So, we made it main, got and started an organization to work.
A couple years later, we began partnering with renewable resource developers. There were definitely shortcomings and challenges, closed doors and unequal collaborations, but we utilized this time to truly develop our craft. We realized that if we wanted our organization to grow and prosper then we would need to take a danger. In 2020, when the world was required to slow down due to the pandemic, we decided to take that risk. We utilized 2020 to rebrand Lyssy Energy into the business we had always dreamed about. In 2021, we have reintroduced ourselves to the world– no longer as an energy service company, but as renewable energy developers with the hope of owning and running utility-scale renewable resource projects.
Inform us about Lyssy Energy.
Lyssy Energy Enterprises is an ingenious, independently held, utility-scale developer of solar, wind and battery energy options. Our prime instruction is to add to the acceleration of the energy markets transition to sustainable energy. We focus our operations in Texas, where booming population and business growth suggest a quickly growing need for energy. Lyssy Energy believes that by deploying wind, solar and battery storage, we can optimize our efforts and provide all type of renewable resource services. This state is our home, and the energy crisis unfolding in our yard is personal. We want to be a part of the option and help our next-door neighbors across the state establish much-needed sources of clean power. We are well on our method, with 1.5 gigawatts (GW) of clean, dependable energy including one wind and three solar tasks presently in development and a possible portfolio of 15 GW.
What obstacles do you deal with? Why?
Capital is one of the biggest obstacles we face at the minute. The wind and the sun supply electrical energy, however capital is what moves whatever and everybody else. We require capital for daily operations, and to develop, construct and run our jobs.
Securing advancement capital early is important in providing land control and interconnection 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 offer the capital essential to produce an effective eco-friendly energy job.
How can potential partners do service with you?
Lyssy Energy Enterprises is open to collaborations or joint endeavors. We are offered to go over the need for all types of capital stack with numerous equity, tax and financial obligation companies that operate in this market and those interested in investing in eco-friendly energy jobs and business.
How are you making an effect through Lyssy Energy?
Lyssy Energy Enterprises strives to continue building a diverse business. We hope to help balance the inequalities in our society by connecting to people that are historically disregarded and passed over. Women 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 poor communities in rural areas, and we hope to make a distinction by bringing sustainable energy projects to locations with high rates of poverty and other vulnerable neighborhoods. It is essential for the energy transition to not only modification how we produce energy, but to bring the disenfranchised to the center of this technological development so everyone shares the benefits.
How has your Accelerate membership assisted your company?
Being able to get involved in ACOREs Accelerate subscription program is a delight and an opportunity. The Accelerate Program has actually linked us to some of the greatest and most prominent business in the world, and these connections assist offer us the power to make a distinction.
To learn more 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 business, however as renewable energy designers with the hope of owning and running utility-scale sustainable energy projects.
Lyssy Energy Enterprises is an ingenious, privately 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 communities in rural locations, and we hope to make a difference by bringing sustainable energy tasks to locations with high rates of hardship and other susceptible neighborhoods. It is crucial for the energy shift to not only modification how we produce energy, however to bring the disenfranchised to the center of this technological evolution so everyone shares the benefits.