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 installment includes industry leaders and topics associated with accelerating an equitable 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 flourishing 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 begin Lyssy Energy?
Lyssy Energy Enterprises all began with a favor to my daddy. 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 eco-friendly energy designers. We utilized 2020 to rebrand Lyssy Energy into the company we had always dreamed about. In 2021, we have actually reestablished ourselves to the world– no longer as an energy service business, but as renewable energy developers with the hope of owning and running utility-scale renewable energy jobs.
Tell us about Lyssy Energy.
Lyssy Energy Enterprises is an innovative, privately held, utility-scale developer of solar, wind and battery energy options. Our prime directive is to contribute to the acceleration of the energy industrys transition to sustainable energy. We concentrate our operations in Texas, where flourishing population and service development indicate a rapidly growing demand for energy. Lyssy Energy thinks that by releasing wind, solar and battery storage, we can maximize our efforts and provide all sort of renewable energy services. This state is our house, and the energy crisis unfolding in our yard is individual. 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, trustworthy energy including one wind and three solar projects presently in advancement and a potential portfolio of 15 GW.
What difficulties do you face? Why?
Capital is among the most significant difficulties we face at the moment. The wind and the sun offer electrical energy, but capital is what moves whatever and everyone else. We need capital for daily operations, and to establish, construct and operate our tasks.
Protecting advancement capital early is necessary in offering land control and affiliation research studies to get tasks off the ground. We are striving to develop relationships with big financial investment companies that have a strong interest in renewables and can supply the capital necessary to develop a successful renewable resource project.
How can prospective partners do service with you?
Lyssy Energy Enterprises is open to collaborations or joint ventures. We are readily available to talk about 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 renewable energy projects and business.
How are you making an impact through Lyssy Energy?
Lyssy Energy Enterprises aims to continue constructing a varied business. We hope to assist balance the inequalities in our society by reaching out to individuals that are traditionally neglected and passed over. Ladies and individuals of color are essential to our success, and it is very important to promote their advancement to positions of management and management.
Hardship is another issue we want to deal with. Lyssy Energy is dealing with poor communities in backwoods, and we intend to make a distinction by bringing eco-friendly energy projects to areas with high rates of poverty and other vulnerable communities. These projects offer reliable and inexpensive electrical energy, and also bring task opportunities and infrastructure advancement to poor communities. It is necessary for the energy shift to not only modification how we produce energy, however to bring the disenfranchised to the center of this technological development so everybody shares the advantages.
How has your Accelerate subscription assisted your service?
Being able to participate in ACOREs Accelerate membership program is an opportunity and a pleasure. The Accelerate Program has linked us to some of the most significant and most influential business in the world, and these connections assist give us the power to make a distinction.
To find out more about or contact Lyssy Energy Enterprises, go to https://www.lyssyenergy.com/.
In 2021, we have reintroduced ourselves to the world– no longer as an energy service business, but as eco-friendly energy developers with the hope of owning and operating utility-scale renewable energy jobs.
Lyssy Energy Enterprises is an ingenious, independently held, utility-scale designer of solar, wind and battery energy options. Lyssy Energy thinks that by releasing wind, solar and battery storage, we can optimize our efforts and offer all kinds of renewable energy services. Lyssy Energy is working with poor communities in rural locations, and we hope to make a distinction by bringing sustainable energy tasks to areas with high rates of hardship and other vulnerable communities. It is essential for the energy shift 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.