Renewable Power Perspectives Q&A with Katie Garza, Co-Founder and COO, Lyssy Energy
By Constance ThompsonOctober 7, 2021
In 2021, we have reestablished ourselves to the world– no longer as an energy service company, but as sustainable energy developers 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 options. Lyssy Energy believes that by deploying wind, solar and battery storage, we can maximize our efforts and provide all kinds of eco-friendly energy solutions. Lyssy Energy is working with poor neighborhoods in rural locations, and we hope to make a distinction by bringing renewable 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.
The American Council on Renewable Energy (ACORE) is delighted to share the next installment in our “Accelerating Renewables” blog series.
Each installment features industry leaders and subjects associated with speeding up an equitable and simply transition to a renewable resource economy. In acknowledgment of National Hispanic Heritage Month, ACORE is highlighting 3 Hispanic-owned member companies that are growing in the renewable resource sector.
Today, we are featuring Lyssy Energy Enterprises, a utility-scale sustainable 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 father. He asked me to put together an energy lease that would protect his land for ranching and farming while supplying an extra source of earnings. Before we knew it, my partner and I were assisting others in the exact same situation. We made it main, started an organization and got to work.
A couple years later on, we began partnering with renewable resource designers. There were certainly shortcomings and challenges, closed doors and unequal partnerships, but we used this time to truly refine our craft. We realized that if we wanted our business to grow and be successful 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 danger. We utilized 2020 to rebrand Lyssy Energy into the business we had always dreamed about. In 2021, we have actually 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 sustainable energy tasks.
Inform us about Lyssy Energy.
Lyssy Energy Enterprises is an ingenious, privately held, utility-scale designer of solar, wind and battery energy services. Our prime directive is to contribute to the acceleration of the energy markets transition to sustainable energy. We concentrate our operations in Texas, where flourishing population and business growth imply a quickly growing demand for energy. Lyssy Energy believes that by releasing wind, solar and battery storage, we can optimize our efforts and offer all type of renewable resource services. 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 throughout the state develop much-needed sources of clean power. We are well on our method, with 1.5 gigawatts (GW) of tidy, reliable energy including one wind and three solar jobs currently in advancement and a possible portfolio of 15 GW.
What obstacles do you deal with? Why?
Capital is one of the greatest difficulties we face at the moment. The wind and the sun offer electrical power, but capital is what moves whatever and everyone else. We require capital for daily operations, and to develop, construct and operate our projects.
Securing advancement capital early is necessary in supplying land control and interconnection studies to get jobs off the ground. We are striving to establish relationships with big financial investment firms that have a strong interest in renewables and can supply the capital needed to create a successful sustainable energy project.
How can potential partners do company with you?
Lyssy Energy Enterprises is open to partnerships or joint endeavors. We are readily available to go over the requirement for all types of capital stack with numerous equity, tax and financial obligation companies that run in this market and those interested in investing in renewable energy jobs and business.
How are you making an effect through Lyssy Energy?
Lyssy Energy Enterprises strives to continue constructing a diverse company. We want to help balance the inequalities in our society by reaching out to people that are historically neglected and passed over. Women and individuals of color are essential to our success, and it is necessary to promote their improvement to positions of management and leadership.
Hardship is another issue we want to attend to. Lyssy Energy is dealing with bad communities in backwoods, and we want to make a distinction by bringing renewable energy tasks to areas with high rates of hardship and other susceptible communities. These tasks supply budget friendly and dependable electrical energy, and also bring task chances and infrastructure advancement to poor neighborhoods. It is necessary 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.
How has your Accelerate subscription assisted your organization?
Being able to participate in ACOREs Accelerate subscription program is a benefit and a delight. This program has actually supported our efforts to be a part of the service during this unsure time in our lives. The Accelerate Program has linked us to some of the most significant and most influential companies in the world, and these connections assist provide us the power to make a distinction. Someday, we hope to return the favor.
To discover more about or contact Lyssy Energy Enterprises, check out https://www.lyssyenergy.com/.
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