By Constance ThompsonOctober 7, 2021
In 2021, we have reestablished ourselves to the world– no longer as an energy service business, but as eco-friendly energy developers with the hope of owning and running utility-scale renewable energy tasks.
Lyssy Energy Enterprises is an innovative, privately held, utility-scale designer of solar, wind and battery energy options. Lyssy Energy thinks that by releasing wind, solar and battery storage, we can optimize our efforts and offer all kinds of eco-friendly energy solutions. Lyssy Energy is working with bad neighborhoods in rural locations, and we hope to make a difference by bringing renewable energy projects to areas with high rates of hardship and other susceptible communities. 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.
The American Council on Renewable Energy (ACORE) is happy to share the next installment in our “Accelerating Renewables” blog site series.
Each installment includes market leaders and topics associated with speeding up an equitable and simply shift to a sustainable energy economy. In recognition of National Hispanic Heritage Month, ACORE is highlighting three Hispanic-owned member companies that are thriving in the renewable resource sector.
Today, we are featuring Lyssy Energy Enterprises, a utility-scale sustainable energy 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 father. He asked me to put together an energy lease that would safeguard his land for ranching and farming while supplying an extra source of income.
A couple years later on, we started partnering with renewable energy designers. We used 2020 to rebrand Lyssy Energy into the company we had actually always dreamed about. In 2021, we have actually reintroduced ourselves to the world– no longer as an energy service business, however as sustainable energy developers with the hope of owning and operating utility-scale renewable energy jobs.
Inform us about Lyssy Energy.
Lyssy Energy Enterprises is an innovative, independently held, utility-scale designer of solar, wind and battery energy services. Our prime directive is to contribute to the velocity of the energy markets transition to sustainable energy. We focus our operations in Texas, where growing population and company growth mean a quickly growing need for energy. Lyssy Energy thinks that by deploying wind, solar and battery storage, we can maximize our efforts and offer all sort of renewable energy options. This state is our home, and the energy crisis unfolding in our yard is individual. We wish to belong of the option and assist 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, trustworthy energy including one wind and 3 solar tasks presently in development and a potential portfolio of 15 GW.
What obstacles do you deal with? Why?
Capital is one of the biggest obstacles we deal with at the moment. The sun and the wind offer electricity, but capital is what moves whatever and everybody else. We require capital for everyday operations, and to establish, construct and run our tasks.
Protecting development capital early is necessary in providing land control and interconnection research studies to get tasks off the ground. We are working hard to develop relationships with large financial investment companies that have a strong interest in renewables and can supply the capital needed to create an effective renewable resource project.
How can potential partners do organization with you?
Lyssy Energy Enterprises is open to partnerships or joint ventures. We are readily available to talk about the need for all types of capital stack with numerous equity, tax and debt companies that run in this market 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 developing a diverse business. We wish to assist balance the inequalities in our society by reaching out to people that are historically disregarded and passed over. Ladies and individuals of color are essential to our success, and it is essential to promote their improvement to positions of management and leadership.
Poverty is another problem we want to attend to. Lyssy Energy is working with poor neighborhoods in rural locations, and we wish to make a distinction by bringing renewable energy projects to locations with high rates of hardship and other vulnerable neighborhoods. These tasks offer reputable and inexpensive electrical energy, and also bring job opportunities and infrastructure development to poor neighborhoods. It is essential for the energy shift to not only change how we produce energy, but to bring the disenfranchised to the center of this technological advancement so everybody shares the benefits.
How has your Accelerate membership helped your company?
Being able to get involved in ACOREs Accelerate membership program is an advantage and a delight. The Accelerate Program has actually linked us to some of the most significant and most influential companies in the world, and these connections assist offer us the power to make a distinction.
To find out more about or contact Lyssy Energy Enterprises, go to https://www.lyssyenergy.com/.