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 topics related to speeding up a fair and just transition to an eco-friendly energy economy. In recognition of National Hispanic Heritage Month, ACORE is highlighting 3 Hispanic-owned member companies that are growing in the renewable resource sector.
Today, we are featuring Lyssy Energy Enterprises, a utility-scale renewable resource 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 began with a favor to my father. He asked me to assemble an energy lease that would secure his land for ranching and farming while supplying an additional income. Before we understood it, my other half and I were helping others in the very same scenario. We made it official, got and started a business to work.
A couple years later on, we started partnering with renewable resource developers. There were certainly obstacles and shortcomings, closed doors and unequal partnerships, however we utilized this time to actually refine our craft. We understood that if we wanted our company to grow and succeed then we would require to take a threat. In 2020, when the world was required to decrease due to the pandemic, we chose to take that threat. We used 2020 to rebrand Lyssy Energy into the company we had constantly dreamed about. In 2021, we have actually reintroduced ourselves to the world– no longer as an energy service company, but as renewable resource designers with the hope of owning and operating utility-scale renewable resource jobs.
Inform us about Lyssy Energy.
Lyssy Energy Enterprises is an ingenious, privately held, utility-scale designer of solar, wind and battery energy options. Our prime directive is to contribute to the velocity of the energy industrys transition to sustainable energy. We focus our operations in Texas, where thriving population and service growth indicate a quickly growing demand for energy. Lyssy Energy believes that by deploying wind, solar and battery storage, we can optimize our efforts and provide all sort of renewable resource solutions. This state is our home, and the energy crisis unfolding in our yard is personal. We wish to belong of the service and help our neighbors throughout the state develop much-needed sources of clean power. We are well on our method, with 1.5 gigawatts (GW) of tidy, trustworthy energy including one wind and 3 solar jobs presently in advancement and a possible portfolio of 15 GW.
What obstacles do you deal with? Why?
Capital is among the greatest challenges we face at the moment. The sun and the wind offer electrical energy, however capital is what moves whatever and everybody else. We require capital for everyday operations, and to establish, construct and operate our jobs.
Securing advancement capital early is important in supplying land control and interconnection studies to get jobs 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 required to create a successful sustainable energy project.
How can prospective partners work with you?
Lyssy Energy Enterprises is open to collaborations or joint endeavors. We are available to go over 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 renewable energy jobs and business.
How are you making an impact through Lyssy Energy?
Lyssy Energy Enterprises strives to continue constructing a diverse business. We want to help balance the inequalities in our society by connecting to people that are historically overlooked and passed over. Women and individuals of color are essential to our success, and it is essential to promote their improvement to positions of management and leadership.
Hardship is another concern we want to attend to. Lyssy Energy is working with poor neighborhoods in backwoods, and we hope to make a difference by bringing eco-friendly energy tasks to locations with high rates of poverty and other susceptible neighborhoods. These projects provide trustworthy and affordable electrical energy, and also bring task chances and infrastructure development to poor neighborhoods. It is essential for the energy shift to not only modification how we produce energy, however to bring the disenfranchised to the center of this technological evolution so everybody shares the benefits.
How has your Accelerate membership assisted your company?
Having the ability to get involved in ACOREs Accelerate membership program is a delight and an advantage. This program has supported our efforts to be a part of the service throughout this unpredictable time in our lives. The Accelerate Program has linked us to some of the greatest and most influential business in the world, and these connections assist provide us the power to make a distinction. Someday, we hope to return the favor.
To learn 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, however as renewable energy designers with the hope of owning and running utility-scale eco-friendly energy jobs.
Lyssy Energy Enterprises is an ingenious, privately held, utility-scale developer of solar, wind and battery energy services. Lyssy Energy believes that by releasing wind, solar and battery storage, we can maximize our efforts and supply all kinds of eco-friendly energy solutions. Lyssy Energy is working with poor neighborhoods in rural areas, and we hope to make a distinction by bringing sustainable energy projects to areas with high rates of poverty and other vulnerable communities. 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.