By Constance ThompsonOctober 7, 2021
The American Council on Renewable Energy (ACORE) is happy to share the next installation in our “Accelerating Renewables” blog site series.
Each installation includes market leaders and subjects connected to speeding up a fair and simply shift 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 renewable 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 father. He asked me to create an energy lease that would safeguard his land for ranching and farming while offering an extra income. Prior to we knew it, my hubby and I were helping others in the same situation. We made it main, got and began a company to work.
A couple years later on, we started partnering with sustainable energy designers. There were definitely shortcomings and difficulties, closed doors and unequal collaborations, however we utilized this time to actually refine our craft. If we wanted our business to grow and prosper then we would need to take a risk, we realized that. In 2020, when the world was required to slow down due to the pandemic, we chose to take that threat. We utilized 2020 to rebrand Lyssy Energy into the company we had actually constantly dreamed about. In 2021, we have reintroduced ourselves to the world– no longer as an energy service business, however as eco-friendly energy designers with the hope of owning and operating utility-scale eco-friendly energy jobs.
Inform us about Lyssy Energy.
Lyssy Energy Enterprises is an innovative, privately held, utility-scale developer of solar, wind and battery energy solutions. Our prime regulation is to contribute to the velocity of the energy markets transition to sustainable energy. Lyssy Energy believes that by deploying wind, solar and battery storage, we can maximize our efforts and supply all kinds of renewable energy solutions.
What obstacles do you deal with? Why?
Capital is one of the biggest challenges we face at the minute. The sun and the wind provide electricity, however capital is what moves everything and everybody else. We need capital for daily operations, and to establish, construct and run our tasks.
Securing development capital early is necessary in supplying land control and interconnection research studies to get jobs off the ground. We are working hard to develop relationships with large financial investment firms that have a strong interest in renewables and can provide the capital essential to create a successful renewable energy task.
How can potential partners work with you?
Lyssy Energy Enterprises is open to collaborations or joint endeavors. We are readily available to discuss the need for all types of capital stack with different equity, tax and debt business that run in this market and those interested in investing in eco-friendly energy tasks and companies.
How are you making an impact through Lyssy Energy?
Lyssy Energy Enterprises aims to continue developing a varied company. We intend to help balance the inequalities in our society by reaching out to individuals that are historically neglected and passed over. Females and people of color are key to our success, and it is very important to promote their improvement to positions of management and leadership.
Poverty is another problem we want to attend to. Lyssy Energy is dealing with poor neighborhoods in rural areas, and we intend to make a distinction by bringing renewable resource projects to areas with high rates of poverty and other susceptible neighborhoods. These jobs provide budget-friendly and trusted electrical energy, and likewise bring job chances and infrastructure development to bad communities. It is very important for the energy transition to not only change how we produce energy, however to bring the disenfranchised to the center of this technological development so everyone shares the benefits.
How has your Accelerate subscription helped your company?
Being able to take part in ACOREs Accelerate subscription program is a delight and a benefit. This program has supported our efforts to be a part of the solution throughout this unsure time in our lives. The Accelerate Program has connected us to some of the biggest and most prominent business worldwide, and these connections help give us the power to make a distinction. Someday, we hope to return the favor.
To find out more about or contact Lyssy Energy Enterprises, visit https://www.lyssyenergy.com/.
In 2021, we have actually reintroduced ourselves to the world– no longer as an energy service company, but as sustainable energy developers with the hope of owning and running utility-scale renewable energy jobs.
Lyssy Energy Enterprises is an ingenious, privately held, utility-scale designer of solar, wind and battery energy services. Lyssy Energy thinks that by releasing wind, solar and battery storage, we can optimize our efforts and provide all kinds of sustainable energy services. Lyssy Energy is working with bad neighborhoods in rural locations, and we hope to make a distinction by bringing eco-friendly energy projects to locations with high rates of hardship and other susceptible neighborhoods. It is essential for the energy transition to not only change how we produce energy, however to bring the disenfranchised to the center of this technological development so everyone shares the benefits.