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 includes industry leaders and subjects related to speeding up 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 eco-friendly energy 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 started with a favor to my father. He asked me to put together an energy lease that would safeguard his land for ranching and farming while supplying an additional source of income.
A couple years later on, we began partnering with renewable energy designers. We utilized 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 company, however as renewable energy developers with the hope of owning and operating utility-scale eco-friendly energy jobs.
Inform us about Lyssy Energy.
Lyssy Energy Enterprises is an innovative, independently held, utility-scale designer of solar, wind and battery energy solutions. Our prime regulation is to add to the velocity of the energy industrys shift to sustainable energy. We focus our operations in Texas, where booming population and business growth mean a rapidly growing demand for energy. Lyssy Energy thinks that by deploying wind, solar and battery storage, we can optimize our efforts and supply all kinds of eco-friendly energy solutions. This state is our home, and the energy crisis unfolding in our yard is individual. We want to be a part of the option and help our next-door neighbors throughout the state establish much-needed sources of clean power. We are well on our way, with 1.5 gigawatts (GW) of tidy, trusted energy consisting of one wind and three solar jobs presently in advancement and a possible portfolio of 15 GW.
What difficulties do you deal with? Why?
Capital is one of the biggest obstacles we deal with at the minute. The sun and the wind provide electricity, but capital is what moves everything and everybody else. We need capital for everyday operations, and to establish, construct and operate our tasks.
Protecting development capital early is necessary in offering land control and affiliation research studies to get tasks off the ground. We are striving to establish relationships with big financial investment firms that have a strong interest in renewables and can provide the capital required to create an effective renewable energy job.
How can prospective partners work with you?
Lyssy Energy Enterprises is open to partnerships or joint ventures. We are offered to go over the need for all types of capital stack with various equity, tax and financial obligation companies that run in this market and those thinking about purchasing renewable resource projects and companies. Preferably, we wish to work with financial investment partners that can supply capital from the advancement phase through the building phase. We are likewise available to partners who are interested in buying the business.
How are you making an impact through Lyssy Energy?
Lyssy Energy Enterprises strives to continue constructing a varied business. We hope to help stabilize the inequalities in our society by reaching out to individuals that are traditionally ignored and passed over. Ladies and people of color are key to our success, and it is necessary to promote their improvement to positions of management and management.
Lyssy Energy is working with poor neighborhoods in rural areas, and we hope to make a difference by bringing renewable energy tasks to locations with high rates of hardship and other susceptible neighborhoods. It is important for the energy shift to not only modification 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 helped your organization?
Having the ability to participate in ACOREs Accelerate membership program is a pleasure and an advantage. This program has supported our efforts to be a part of the solution throughout this unpredictable time in our lives. The Accelerate Program has connected us to a few of the most significant and most prominent business worldwide, and these connections help offer us the power to make a difference. Someday, we hope to return the favor.
To read 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 designers with the hope of owning and operating utility-scale renewable energy tasks.
Lyssy Energy Enterprises is an innovative, independently held, utility-scale developer of solar, wind and battery energy solutions. Lyssy Energy believes that by releasing wind, solar and battery storage, we can maximize our efforts and provide all kinds of eco-friendly energy solutions. Lyssy Energy is working with bad neighborhoods in rural areas, and we hope to make a difference by bringing renewable energy tasks to locations with high rates of poverty and other susceptible communities. It is crucial for the energy shift to not only change how we produce energy, however to bring the disenfranchised to the center of this technological advancement so everybody shares the benefits.