By Constance ThompsonOctober 7, 2021
The American Council on Renewable Energy (ACORE) is delighted to share the next installation in our “Accelerating Renewables” blog site series.
Each installment includes industry leaders and topics connected to speeding up a fair and simply transition to a renewable resource economy. In acknowledgment of National Hispanic Heritage Month, ACORE is highlighting 3 Hispanic-owned member business that are prospering in the eco-friendly energy sector.
Today, we are featuring 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 start Lyssy Energy?
Lyssy Energy Enterprises all started with a favor to my dad. He asked me to put together an energy lease that would safeguard his land for ranching and farming while supplying an additional income. Before we understood it, my spouse and I were helping others in the exact same circumstance. So, we made it official, got and began a business to work.
A couple years later, we began partnering with renewable resource developers. There were definitely challenges and imperfections, closed doors and unequal collaborations, but we utilized this time to truly refine our craft. If we desired our service to grow and prosper then we would need to take a risk, we recognized that. In 2020, when the world was forced to slow down due to the pandemic, we chose to take that danger. We utilized 2020 to rebrand Lyssy Energy into the company we had actually always dreamed about. In 2021, we have actually reintroduced ourselves to the world– no longer as an energy service business, but as sustainable energy designers with the hope of owning and running utility-scale sustainable energy jobs.
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 industrys shift to sustainable energy. We focus our operations in Texas, where flourishing population and company growth suggest a quickly growing need for energy. Lyssy Energy believes that by releasing wind, solar and battery storage, we can optimize our efforts and supply all sort of renewable resource options. This state is our house, and the energy crisis unfolding in our yard is personal. We wish to belong of the solution 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 clean, dependable energy consisting of one wind and three solar jobs currently in development and a possible portfolio of 15 GW.
What difficulties do you deal with? Why?
Capital is one of the most significant difficulties we deal with at the minute. The wind and the sun supply electrical power, but capital is what moves everything and everybody else. We need capital for everyday operations, and to develop, construct and run our projects.
Securing development capital early is important in supplying land control and affiliation research studies to get tasks off the ground. We are striving to develop relationships with large investment companies that have a strong interest in renewables and can offer the capital necessary to produce an effective eco-friendly energy job.
How can prospective partners do business with you?
Lyssy Energy Enterprises is open to partnerships or joint endeavors. We are available to talk about the need for all types of capital stack with different equity, tax and financial obligation business that operate in this industry and those interested in investing in sustainable energy tasks and business.
How are you making an impact through Lyssy Energy?
Lyssy Energy Enterprises strives to continue developing a varied company. We want to help stabilize the inequalities in our society by connecting to people that are traditionally neglected and passed over. Women and individuals of color are key to our success, and it is important to promote their improvement to positions of management and leadership.
Lyssy Energy is working with poor communities in rural locations, and we hope to make a distinction by bringing sustainable energy projects 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, but to bring the disenfranchised to the center of this technological development so everybody shares the benefits.
How has your Accelerate membership helped your service?
Being able to take part in ACOREs Accelerate subscription program is a delight and a benefit. The Accelerate Program has linked us to some of the biggest and most influential companies in the world, and these connections assist give us the power to make a distinction.
To get more information about or contact Lyssy Energy Enterprises, go to https://www.lyssyenergy.com/.
In 2021, we have reestablished ourselves to the world– no longer as an energy service business, however as renewable energy developers with the hope of owning and running utility-scale renewable energy projects.
Lyssy Energy Enterprises is an ingenious, privately held, utility-scale designer of solar, wind and battery energy solutions. Lyssy Energy believes that by deploying wind, solar and battery storage, we can optimize our efforts and provide all kinds of eco-friendly energy solutions. Lyssy Energy is working with bad communities in rural locations, and we hope to make a difference by bringing eco-friendly energy projects to locations with high rates of poverty and other vulnerable communities. 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 advancement so everybody shares the advantages.