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 installation features market leaders and topics related to accelerating an equitable and just shift to a sustainable energy economy. In recognition 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 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 began with a favor to my dad. He asked me to create an energy lease that would safeguard his land for ranching and farming while providing an extra income source. Prior to we understood it, my hubby and I were assisting others in the exact same scenario. So, we made it official, began a business and got to work.
A couple years later on, we began partnering with renewable energy designers. We used 2020 to rebrand Lyssy Energy into the company we had actually constantly dreamed about. In 2021, we have actually reestablished ourselves to the world– no longer as an energy service business, but as sustainable energy designers with the hope of owning and operating utility-scale renewable energy projects.
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 regulation is to add to the acceleration of the energy industrys shift to sustainable energy. We focus our operations in Texas, where thriving population and company development suggest a quickly growing demand for energy. Lyssy Energy believes that by deploying wind, solar and battery storage, we can optimize our efforts and offer all sort of renewable resource services. This state is our home, and the energy crisis unfolding in our backyard is personal. We desire to belong of the solution and assist our next-door neighbors throughout the state develop much-needed sources of clean power. We are well on our way, with 1.5 gigawatts (GW) of tidy, dependable energy including one wind and three solar jobs currently in advancement and a potential portfolio of 15 GW.
What obstacles do you deal with? Why?
Capital is one of the most significant obstacles we face at the minute. The wind and the sun offer electrical energy, but capital is what moves whatever and everybody else. We need capital for everyday operations, and to establish, construct and operate our jobs.
Securing advancement capital early is vital in offering land control and interconnection studies to get tasks off the ground. We are striving to establish relationships with big investment firms that have a strong interest in renewables and can offer the capital essential to develop a successful renewable resource job.
How can prospective partners work with you?
Lyssy Energy Enterprises is open to partnerships or joint endeavors. We are available to discuss the requirement for all types of capital stack with various equity, tax and debt companies that run in this market and those interested in investing in sustainable energy tasks and companies.
How are you making an effect through Lyssy Energy?
Lyssy Energy Enterprises makes every effort to continue building a varied business. We wish to assist balance the inequalities in our society by connecting to people that are historically overlooked and passed over. Females and individuals of color are essential to our success, and it is very important to promote their development 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 eco-friendly energy jobs to locations with high rates of hardship and other vulnerable neighborhoods. It is important for the energy transition to not only change how we produce energy, but to bring the disenfranchised to the center of this technological development so everyone shares the advantages.
How has your Accelerate membership helped your organization?
Being able to take part in ACOREs Accelerate subscription program is a privilege and a pleasure. The Accelerate Program has connected us to some of the biggest and most influential business in the world, and these connections help offer us the power to make a difference.
To read more about or contact Lyssy Energy Enterprises, go to https://www.lyssyenergy.com/.
In 2021, we have actually reintroduced ourselves to the world– no longer as an energy service company, however as sustainable energy designers with the hope of owning and operating utility-scale renewable energy projects.
Lyssy Energy Enterprises is an innovative, independently held, utility-scale developer of solar, wind and battery energy options. Lyssy Energy thinks that by releasing wind, solar and battery storage, we can optimize our efforts and supply all kinds of eco-friendly energy solutions. Lyssy Energy is working with poor communities in rural areas, and we hope to make a difference by bringing sustainable energy jobs to locations with high rates of poverty and other susceptible communities. It is essential for the energy shift to not only change how we produce energy, but to bring the disenfranchised to the center of this technological evolution so everybody shares the advantages.