By Constance ThompsonOctober 7, 2021
The American Council on Renewable Energy (ACORE) is delighted to share the next installment in our “Accelerating Renewables” blog site series.
Each installment includes industry leaders and topics related to accelerating an equitable and simply transition to a renewable resource economy. In recognition of National Hispanic Heritage Month, ACORE is highlighting 3 Hispanic-owned member companies that are prospering in the renewable resource sector.
Today, we are featuring Lyssy Energy Enterprises, a utility-scale eco-friendly 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 daddy. He asked me to put together an energy lease that would secure his land for ranching and farming while providing an additional source of earnings. Prior to we knew it, my other half and I were helping others in the exact same circumstance. So, we made it official, got and started a company to work.
A couple years later on, we started partnering with renewable energy designers. There were definitely drawbacks and difficulties, closed doors and unequal collaborations, however we used this time to actually refine our craft. We realized that if we desired our organization to grow and succeed then we would need to take a threat. In 2020, when the world was required to slow down due to the pandemic, we chose to take that danger. We utilized 2020 to rebrand Lyssy Energy into the business we had actually constantly dreamed about. In 2021, we have actually reintroduced ourselves to the world– no longer as an energy service business, but as eco-friendly energy designers with the hope of owning and running utility-scale eco-friendly energy jobs.
Inform us about Lyssy Energy.
Lyssy Energy Enterprises is an ingenious, independently held, utility-scale developer of solar, wind and battery energy solutions. Our prime directive is to contribute to the velocity of the energy industrys shift to sustainable energy. We concentrate our operations in Texas, where thriving population and company development suggest a quickly growing need for energy. Lyssy Energy believes that by deploying wind, solar and battery storage, we can maximize our efforts and provide all type of renewable resource solutions. This state is our home, and the energy crisis unfolding in our backyard is personal. We want to belong of the option and assist our neighbors across the state establish much-needed sources of tidy power. We are well on our method, with 1.5 gigawatts (GW) of clean, reputable energy consisting of one wind and 3 solar tasks currently in advancement and a possible portfolio of 15 GW.
What obstacles do you deal with? Why?
Capital is one of the biggest difficulties we face at the moment. The sun and the wind supply electrical energy, but capital is what moves whatever and everybody else. We require capital for daily operations, and to develop, construct and run our jobs.
Securing advancement capital early is vital in offering land control and affiliation research studies to get projects off the ground. We are striving to develop relationships with large investment companies that have a strong interest in renewables and can provide the capital needed to produce a successful sustainable energy job.
How can potential partners do service with you?
Lyssy Energy Enterprises is open to partnerships or joint ventures. We are offered to discuss the need for all types of capital stack with numerous equity, tax and debt companies that run in this industry and those interested in investing in eco-friendly energy projects and business.
How are you making an effect through Lyssy Energy?
Lyssy Energy Enterprises strives to continue building a diverse company. We hope to assist balance the inequalities in our society by connecting to people that are traditionally neglected and passed over. Females and individuals of color are crucial to our success, and it is crucial to promote their development to positions of management and management.
Hardship is another issue we hope to resolve. Lyssy Energy is dealing with bad communities in rural locations, and we wish to make a distinction by bringing renewable resource jobs to areas with high rates of poverty and other susceptible communities. These tasks offer inexpensive and trustworthy electrical power, and likewise bring job chances and facilities advancement to bad neighborhoods. It is crucial 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.
How has your Accelerate subscription assisted your service?
Having the ability to take part in ACOREs Accelerate subscription program is a pleasure and a privilege. This program has supported our efforts to be a part of the solution during this unpredictable time in our lives. The Accelerate Program has connected us to a few of the most significant and most prominent companies on the planet, and these connections assist give us the power to make a distinction. Someday, we want to return the favor.
To get more information about or contact Lyssy Energy Enterprises, see https://www.lyssyenergy.com/.
In 2021, we have reestablished ourselves to the world– no longer as an energy service business, however as sustainable energy developers with the hope of owning and running utility-scale eco-friendly energy projects.
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 maximize our efforts and provide all kinds of sustainable energy solutions. Lyssy Energy is working with poor neighborhoods in rural locations, and we hope to make a difference by bringing eco-friendly energy jobs to areas with high rates of hardship and other susceptible communities. It is important for the energy transition to not only modification how we produce energy, however to bring the disenfranchised to the center of this technological advancement so everyone shares the benefits.