Renewable Power Perspectives Q&A with Katie Garza, Co-Founder and COO, Lyssy Energy
By Constance ThompsonOctober 7, 2021
In 2021, we have actually reintroduced ourselves to the world– no longer as an energy service company, however as eco-friendly energy designers with the hope of owning and operating utility-scale eco-friendly energy projects.
Lyssy Energy Enterprises is an innovative, privately held, utility-scale developer of solar, wind and battery energy solutions. Lyssy Energy thinks that by releasing wind, solar and battery storage, we can maximize our efforts and supply all kinds of renewable energy services. Lyssy Energy is working with bad communities in rural areas, and we hope to make a distinction by bringing eco-friendly energy projects to locations with high rates of poverty and other vulnerable neighborhoods. It is 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 advantages.
The American Council on Renewable Energy (ACORE) is delighted to share the next installment in our “Accelerating Renewables” blog series.
Each installation features industry leaders and topics associated with accelerating a fair and just shift to a sustainable energy economy. In acknowledgment of National Hispanic Heritage Month, ACORE is highlighting 3 Hispanic-owned member companies that are growing in the sustainable 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 begin Lyssy Energy?
Lyssy Energy Enterprises all began with a favor to my daddy. He asked me to create an energy lease that would secure his land for ranching and farming while providing an extra source of earnings. Before we understood it, my hubby and I were assisting others in the same circumstance. So, we made it main, began a business and got to work.
A couple years later, we started partnering with renewable resource designers. There were certainly difficulties and shortcomings, closed doors and unequal collaborations, however we used this time to really hone our craft. We realized that if we wanted our business to grow and succeed then we would require to take a threat. In 2020, when the world was forced to slow down due to the pandemic, we decided to take that danger. We used 2020 to rebrand Lyssy Energy into the business we had constantly dreamed about. In 2021, we have reestablished 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 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 options. Our prime directive is to contribute to the acceleration of the energy markets transition to sustainable energy. Lyssy Energy thinks that by releasing wind, solar and battery storage, we can optimize our efforts and provide all kinds of renewable energy options.
What challenges do you deal with? Why?
Capital is one of the biggest difficulties we deal with at the moment. The sun and the wind supply electricity, however capital is what moves everything and everybody else. We require capital for daily operations, and to establish, construct and run our projects.
Securing development capital early is essential in offering land control and interconnection studies to get tasks off the ground. We are striving to develop relationships with big investment companies that have a strong interest in renewables and can supply the capital necessary to develop an effective renewable energy task.
How can possible partners work with you?
Lyssy Energy Enterprises is open to collaborations or joint ventures. We are offered to discuss the requirement for all types of capital stack with numerous equity, tax and debt business that run in this market and those interested in investing in sustainable energy projects and business.
How are you making an impact through Lyssy Energy?
Lyssy Energy Enterprises makes every effort to continue developing a varied company. We want to help balance the inequalities in our society by connecting to individuals that are historically disregarded and passed over. Females and people of color are crucial to our success, and it is very important to promote their development to positions of management and leadership.
Hardship is another issue we want to deal with. Lyssy Energy is dealing with bad neighborhoods in rural locations, and we intend to make a distinction by bringing renewable energy tasks to locations with high rates of poverty and other susceptible communities. These tasks offer budget-friendly and reputable electrical energy, and likewise bring task chances and infrastructure advancement to bad neighborhoods. It is essential for the energy transition to not only change how we produce energy, but to bring the disenfranchised to the center of this technological evolution so everybody shares the benefits.
How has your Accelerate membership helped your organization?
Being able to take part in ACOREs Accelerate subscription program is an opportunity and a delight. This program has supported our efforts to be a part of the solution during this unsure time in our lives. The Accelerate Program has connected us to some of the most significant and most influential business in the world, and these connections help provide us the power to make a distinction. Someday, we hope to return the favor.
For more information about or contact Lyssy Energy Enterprises, visit https://www.lyssyenergy.com/.
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