Renewable Power Perspectives Q&A with Katie Garza, Co-Founder and COO, Lyssy Energy
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The American Council on Renewable Energy (ACORE) is pleased to share the next installation in our “Accelerating Renewables” blog site series.
Each installment features industry leaders and topics related to accelerating a fair and simply shift to a renewable energy economy. In acknowledgment of National Hispanic Heritage Month, ACORE is highlighting 3 Hispanic-owned member business that are flourishing in the renewable energy sector.
Today, we are including Lyssy Energy Enterprises, a utility-scale renewable energy 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 started with a favor to my father. He asked me to put together an energy lease that would protect his land for ranching and farming while offering an additional source of income.
A couple years later, we began partnering with sustainable energy developers. 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 business, however as renewable energy designers with the hope of owning and operating utility-scale eco-friendly energy projects.
Inform us about Lyssy Energy.
Lyssy Energy Enterprises is an ingenious, independently held, utility-scale designer of solar, wind and battery energy services. Our prime instruction is to contribute to the velocity of the energy industrys shift to sustainable energy. We concentrate our operations in Texas, where booming population and company growth indicate a rapidly growing need for energy. Lyssy Energy believes that by releasing wind, solar and battery storage, we can optimize our efforts and offer all sort of sustainable energy services. This state is our home, and the energy crisis unfolding in our backyard is personal. We wish to be a part of the option and assist our next-door neighbors across the state establish much-needed sources of clean power. We are well on our way, with 1.5 gigawatts (GW) of tidy, dependable energy consisting of one wind and 3 solar jobs presently in development and a possible portfolio of 15 GW.
What challenges do you deal with? Why?
Capital is among the most significant difficulties we deal with at the moment. The wind and the sun provide electricity, however capital is what moves everything and everybody else. We require capital for daily operations, and to develop, construct and operate our tasks.
Securing advancement capital early is important in supplying land control and affiliation studies to get projects off the ground. We are striving to establish relationships with large financial investment firms that have a strong interest in renewables and can provide the capital essential to develop a successful renewable resource task.
How can prospective partners work with you?
Lyssy Energy Enterprises is open to collaborations or joint ventures. We are offered to discuss the need for all types of capital stack with various equity, tax and debt companies that operate 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 makes every effort to continue developing a varied company. We wish to assist stabilize the inequalities in our society by reaching out to individuals that are historically neglected and passed over. Females and people of color are key to our success, and it is necessary to promote their development to positions of management and leadership.
Poverty is another issue we want to address. Lyssy Energy is dealing with bad neighborhoods in rural areas, and we want to make a difference by bringing eco-friendly energy projects to locations with high rates of hardship and other vulnerable communities. These tasks offer trusted and budget-friendly electrical power, and likewise bring task opportunities and facilities advancement to poor neighborhoods. It is very important for the energy transition 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.
How has your Accelerate subscription assisted your business?
Being able to get involved in ACOREs Accelerate membership program is a pleasure and a privilege. The Accelerate Program has actually connected us to some of the most significant and most prominent companies in the world, and these connections help give us the power to make a distinction.
For more information about or contact Lyssy Energy Enterprises, check out https://www.lyssyenergy.com/.
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In 2021, we have actually reintroduced 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 tasks.
Lyssy Energy Enterprises is an innovative, independently held, utility-scale developer of solar, wind and battery energy services. Lyssy Energy believes that by releasing wind, solar and battery storage, we can optimize our efforts and supply all kinds of sustainable energy services. Lyssy Energy is working with poor neighborhoods in rural locations, and we hope to make a distinction by bringing renewable energy projects to locations with high rates of hardship and other vulnerable 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 evolution so everyone shares the benefits.