Blog

NEWS CeraPhi Energy Contributes to Halston Groups White Paper ‘Entering the Greentech Era   22 September 2022 We are delighted to announce that CeraPhi has contributed and provided evidence to the Halston Group’s recent white paper, ‘Entering the Greentech Era’. Providing evidence demonstrating how the adoption of Geothermal Energy, at scale, could support the 2050 climate change goals, we have contributed to the ‘Predictions for The Future’ section of this industry leading report. Our contribution sits with a number of other senior commentators from the Greentech space including senior figures from Solar Water PLC, Powerstar, Hydrock, Tribosonics  and Tallama, all of whom affirm how a blend of these technologies could contribute to achieving the 2050 climate change goals. It is very important that as a business and leading authority on Geothermal Energy CeraPhi Energy contributes and participates in papers like these and collaboratively works with others across the Greentech space to make sure we all work towards achieving the 2050 climate change goals. To download the Halston Group White paper click  here. Previous PostThis Summer We Introduce the Seventh Edition of our Newsletter – EnerGeoNext PostCeraPhi Energy Achieves More than 5,000 LinkedIn Followers About CeraPhi®  CeraPhi is a vertically integrated Geothermal Development Company with proprietary technology and a mission to unlock the thermal heat underground to deliver sustainable, continuous, and totally green 24/7 baseload energy through a “plug and Play” sustainable technology platform.  To find out more and to explore investment opportunities with CeraPhi visit www.ceraphi.com For media inquiries and further information, please contact Holly Harvey-Perdicou holly.harvey-perdicou@ceraphi.com

NEWS This Summer We Introduce the Seventh Edition of our Newsletter – EnerGeo   This summer we announce the seventh edition of our newsletter – EnerGeo – featuring all the latest updates from the CeraPhi Energy business. Included in this is our rapid growth as we take on six new team members both in our Great Yarmouth and Houston offices, our input into Government Policy with our evidence submission to the Environment Audit Committee’s inquiry on Geothermal Energy and our continued commitment to ESG (Environment, Social and Governance) with our signing of The Climate Pledge and our successful tree planting initiative. Also included in the newsletter is the exponential growth of our brand presence as we see our LinkedIn followers grow at pace. To read the newsletter and find out more about the great work we’re doing in the Geothermal Energy space click here. Previous PostCeraPhi Energy enter into an exclusive services agreement with Halliburton to advance its global Geothermal Energy AspirationsNext PostCeraPhi Energy Contributes to Halston Groups White Paper ‘Entering the Greentech Era About CeraPhi®  CeraPhi is a vertically integrated Geothermal Development Company with proprietary technology and a mission to unlock the thermal heat underground to deliver sustainable, continuous, and totally green 24/7 baseload energy through a “plug and Play” sustainable technology platform.  To find out more and to explore investment opportunities with CeraPhi visit www.ceraphi.com For media inquiries and further information, please contact Holly Harvey-Perdicou holly.harvey-perdicou@ceraphi.com

NEWS CeraPhi Energy enter into an exclusive services agreement with Halliburton to advance its global Geothermal Energy Aspirations   30 August 2022 CeraPhi Energy has entered an exclusive drilling and intervention services agreement with Halliburton in exchange for in-kind engineering and project management support to CeraPhi. CeraPhi Energy has turned to Halliburton for its global expertise in well engineering and its seven decades of geothermal experience as part of CeraPhi’s plan to develop a global geothermal energy development company. The initial focus of the agreement will be to support CeraPhi’s existing opportunities of repurposing end-of-life oil and gas wells in the UK and USA. The companies expect the first project within the UK to commence before the end of the year. The CeraPhi team is focused on its front-end resource modelling. Halliburton will support the well engineering and development potential for CeraPhi’s patented technology CeraPhiWell™, a closed loop downhole heat exchanger that draws up subsurface heat for different applications for scalable baseload energy including: Low Temperature Climatised Agriculture Medium Temperature Heat Networks Medium Temperature Heating Systems and Industrial Processes Desalination and Water Treatment Power Generation Green Hydrogen through Electrolysis  CeraPhiWell™ is at the heart of CeraPhi’s strategy to de-risk geothermal energy scale-up using end-of-life and non-producing oil and gas wells and prove the “huge commercial potential” for geothermal energy production. CeraPhi supports efforts to enable access to over 500GW of additional geothermal energy by 2050 in line with Paris 2050 Climate Accord for carbon reduction.  CeraPhi CEO Karl Farrow said: “This is a very exciting stage of CeraPhi’s commercialisation and totally in line with our strategic plan to align ourselves with serious execution and delivery partners who believe in the tremendous opportunity for geothermal and have the ability to scale globally,” said Karl Farrow CEO CeraPhi. “Scaling this opportunity is key to reducing cost and making geothermal energy the baseload energy of choice everywhere for everyone. The oil and gas service sector is key to this transition and Halliburton has been in business for more than 100 years. They have been at the forefront of innovation and technology for well delivery, which is perfect for this collaboration. This collaboration is a natural fit and could be game-changing for geothermal’ s role in the energy transition and have a revolutionary impact on onshore oil and gas sector’s late life and ‘orphaned’ wells.”   “We are pleased to build on our decades of global geothermal business to collaborate with CeraPhi to deliver and maximise the value of their geothermal wells,” said Steve Nowe, Senior Area Manager Halliburton Europe. “This agreement will allow us to deliver fully integrated solutions to reduce planning time, lower costs and optimise the value chain performance.”  Geothermal is a form of renewable energy taken from heat derived from the earth’s subsurface and CeraPhi Energy’s Closed Loop Solution makes Geothermal available everywhere and anywhere. Geothermal is one of the cleanest forms of energy and can be applied as a direct power source as well as for heating and cooling utilities. Previous PostUK’s Advanced Geothermal Business Announces Funding RoundNext PostThis Summer We Introduce the Seventh Edition of our Newsletter – EnerGeo About CeraPhi®  CeraPhi is a vertically integrated Geothermal Development Company with proprietary technology and a mission to unlock the thermal heat underground to deliver sustainable, continuous, and totally green 24/7 baseload energy through a “plug and Play” sustainable technology platform.  To find out more and to explore investment opportunities with CeraPhi visit www.ceraphi.com For media inquiries and further information, please contact Holly Harvey-Perdicou holly.harvey-perdicou@ceraphi.com

NEWS UK’s Advanced Geothermal Business Announces Funding Round 16 August 2022 The UK’s first end to end Advanced Closed Loop Geothermal business – CeraPhi Energy located in Great Yarmouth – has this month announced it has launched a funding round as the business prepares for exponential growth. The funding round for the Geothermal Energy business has seen the company launch on JUSTLY as it looks to raise capital of $15million through its US platform with plans to expand its operations overseas. Speaking about it, Founder and CEO, Karl Farrow said: ‘JUSTLY is one of the world’s largest equity marketplaces for clean tech businesses looking to raise funds for ground breaking innovation and technology. ‘An equity raise, using this platform, builds on the foundations we’ve already established, enables us to support the rapid growth we’re experiencing and means we can meet the huge demand for this clean energy solution. Geothermal – as a viable energy solution – is attracting significant interest across the globe. This equity raise will enable us to, not only, scale to meet this worldwide demand, but also to demonstrate that Geothermal is a real and serious player in the baseload clean energy mix.’ Formed in June 2020, CeraPhi Energy is the first company in the UK to offer a complete end to end geothermal energy solution around its closed loop technology, from securing finance to full development and build or equity return and – in May – announced it had been awarded a  ‘first of its kind’ funded study by the UK Net Zero Technology Centre that will evaluate whether oil and gas wells in the North Sea can be repurposed for geothermal energy. The business has enlisted Petrofac as its industry partner in the study which will focus on decarbonisation of the EnQuest Magnus Platform in the UK North Sea. Speaking about the funding round CEO of JUSTLY Paul Karrlsson – Willis, ‘JUSTLY is all about making an IMPACT now and CeraPhi is doing just that. We are excited to have CeraPhi on our funding platform as they bring CleanTech to life in two incredible ways — firstly, it taps into a geothermal energy source which is always active and, secondly, it can retrofit existing failed or depleted wells, making them productive again in an environmentally friendly way.  This also has a social IMPACT by maintaining jobs or bringing them back to geographical areas that need them. JUSTLY is humbled and excited to be supporting CeraPhi with their current $15m capital raise.’ Investors interested in the CeraPhi Energy business are invited to visit the JUSTLY site for more information https://investjustly.com/all-investments/ Geothermal is a form of renewable energy taken from heat derived from the earth’s subsurface and which is contained within rocks and fluids.  It is one of the cleanest forms of energy and can be used both as a direct power source as well as for heating and cooling utilities. Previous PostCeraPhi Announces Funding Round and Investor OpportunityNext PostCeraPhi Energy enter into an exclusive services agreement with Halliburton to advance its global Geothermal Energy Aspirations About CeraPhi®  CeraPhi is a vertically integrated Geothermal Development Company with proprietary technology and a mission to unlock the thermal heat underground to deliver sustainable, continuous, and totally green 24/7 baseload energy through a “plug and Play” sustainable technology platform.  To find out more and to explore investment opportunities with CeraPhi visit www.ceraphi.com For media inquiries and further information, please contact Holly Harvey-Perdicou holly.harvey-perdicou@ceraphi.com

NEWS CeraPhi Announces Funding Round and Investor Opportunity 16 August 2022 This month we announce the launch of our funding round as we continue to prepare for exponential growth. The funding round for the Geothermal Energy business has seen us launch on JUSTLY as we look to raise capital of £15million. JUSTLY is one of the world’s largest equity marketplaces for private companies looking to raise funds for groundbreaking innovation and an equity raise – using this platform – enables us to build on the foundations we’ve already established, support the rapid growth we’re experiencing and meet the huge demand for this clean energy solution. Geothermal – as a viable energy solution – is attracting significant interest across the globe. This equity raise will enable us to, not only, meet this worldwide demand, but also to demonstrate that Geothermal is a real and serious part of the clean energy mix. We are urging investors interested in purchasing a share of the business to visit the JUSTLY website or our Invest page. Previous PostCeraPhi Energy Contributes to Industry Leading Whitepaper on Climate ChangeNext PostUK’s Advanced Geothermal Business Announces Funding Round About CeraPhi®  CeraPhi is a vertically integrated Geothermal Development Company with proprietary technology and a mission to unlock the thermal heat underground to deliver sustainable, continuous, and totally green 24/7 baseload energy through a “plug and Play” sustainable technology platform.  To find out more and to explore investment opportunities with CeraPhi visit www.ceraphi.com For media inquiries and further information, please contact Holly Harvey-Perdicou holly.harvey-perdicou@ceraphi.com

NEWS CeraPhi Energy Contributes to Industry Leading Whitepaper on Climate Change   9 August 2022 The UK’s first end to end Geothermal business – CeraPhi Energy – located in Great Yarmouth – has announced its contribution and evidence submission to the Halston Group’s recent white paper, ‘Entering The Greentech Era’. Providing evidence demonstrating how the adoption of Geothermal Energy – at scale – could support 2050 climate change goals, MD of the CeraPhi Energy business, Karl Farrow, contributed to the ‘Predictions for The Future’ section of the industry report. Looking at the Greentech sector, the unprecedented expansion of this and how a blend of these technologies could contribute to achieving the 2050 climate change goals, a number of guest contributors – including senior figures from Solar Water PLC, Powerstar, Hydrock, Tribosonics and Tallama – have participated in the report, all of which will shape and influence the future direction on the use of Greentech. Speaking about CeraPhi Energy’s contribution to the industry report, Karl said: “It’s very important for us as a business and leading authority on Geothermal Energy, that we contribute and participate in papers like this and collaboratively work with others across the Greentech space to make sure we work towards achieving the 2050 climate change goals. ‘Without working in partnership to integrate all Greentech solutions as an answer to the climate change challenge, it is most unlikely the targets of 2050 will be achieved. ‘Geothermal energy is a real and viable solution to meeting this challenge, reducing energy costs and significantly decreasing carbon footprint.  These reports are important in getting that message across and demonstrating the blend of energy solutions needed to make change a reality.’ Formed last year, CeraPhi is the first company in the UK to offer a complete end to end geothermal energy solution from securing finance to full development and build or equity return and – in May – announced it had been appointed to support Petrofac on a ‘first of its kind’ study that will test whether oil and gas wells in the North Sea can be repurposed for geothermal energy. Geothermal is a form of renewable energy taken from heat derived from the earth’s subsurface and which is contained within rocks and fluids.  It is one of the cleanest forms of energy and can be used both as a direct power source as well as for heating and cooling utilities. Follow the link, CeraPhi Energy – Green Tech Era – Whitepaper Video – YouTube, for more information. Previous PostCeraPhi Announces a Raft of New Appointments as Demand for Geothermal Energy Solutions IncreaseNext PostCeraPhi Announces Funding Round and Investor Opportunity About CeraPhi®  CeraPhi is a vertically integrated Geothermal Development Company with proprietary technology and a mission to unlock the thermal heat underground to deliver sustainable, continuous, and totally green 24/7 baseload energy through a “plug and Play” sustainable technology platform.  To find out more and to explore investment opportunities with CeraPhi visit www.ceraphi.com For media inquiries and further information, please contact Holly Harvey-Perdicou holly.harvey-perdicou@ceraphi.com

NEWS CeraPhi Announces a Raft of New Appointments as Demand for Geothermal Energy Solutions Increase 25 July 2022 We are delighted to announce the appointment of six new members of staff and three new advisory board appointees as we continue our significant growth. The appointments include three new team members in Great Yarmouth: Zach Chilvers, a masters graduate in mechanical engineering, Paige Draper a graduate in automotive engineering with a post grad in Artificial Intelligence and Robotics and Suzanne Allen a physics graduate who will be responsible for collecting data on the carbon footprint of industrial activity. A further appointment is in our Houston office, where Higinia Torregrosa joins as US Projects Co-ordinator. Higinia has a Masters in Renewable Energy from the IMF Business School and a Masters in Exploration Geoscience from Imperial College London.  The appointments are added to with the employment of two summer interns based in the UK. On our advisory board we are pleased to welcome a number of industry renowned experts including Howard Tollman, Rupert Cutler and Michael Kuhlman, all with vast experience in energy, fintech and finance – including downhole development of advanced geothermal tool technology – and who will form an integral part in influencing and shaping Government policy on the use of Geothermal as a viable energy solution. Previous PostCeraphi Energy Welcomes Work Experience StudentNext PostCeraPhi Energy Contributes to Industry Leading Whitepaper on Climate Change About CeraPhi®  CeraPhi is a vertically integrated Geothermal Development Company with proprietary technology and a mission to unlock the thermal heat underground to deliver sustainable, continuous, and totally green 24/7 baseload energy through a “plug and Play” sustainable technology platform.  To find out more and to explore investment opportunities with CeraPhi visit www.ceraphi.com For media inquiries and further information, please contact Holly Harvey-Perdicou holly.harvey-perdicou@ceraphi.com

NEWS CeraPhi Energy Welcomes Work Experience Student 14 July 2022 This week we welcomed Thomas White, a student from the University Technical College of Norfolk, who joins the CeraPhi Energy team for two weeks as part of his work experience. Thomas is currently studying for his A-levels in Mathematics and Physics, as well as completing his Cambridge Technical Level 3 in Engineering and has a keen passion to have a career within renewable energy. As part of his work experience, CeraPhi Energy has provided Thomas with a day-to-day insight into what its like to work in the business working alongside predominately the engineering team, Thomas has been doing a lot of research into geothermal energy to further his knowledge in this area. He has also been given the opportunity to see first hand what other departments do in CeraPhi Energy to gain a holistic view of the company. Speaking about the opportunity to gain first-hand experience with CeraPhi Energy, Thomas said: “The renewable energy sector is so broad and developing at an astonishing rate and I personally feel like it’s such a great field to pursue a career in. CeraPhi Energy has given me an amazing insight on both the sector itself and their ingenious outlook on the concept of international geothermal energy production.”CeraPhi Energy is very focussed on supporting – and inspiring – the next generation of young talent into this field, we recognise that they will be absolutely instrumental in transforming our global energy mix. As such, the company is committed to working closely with local schools, colleges and universities to provide an insight into working in this field and provide sustainable career opportunities at all entry level positions. We hope to welcome Thomas again – and other work experience students – in the very near future. Previous PostDevelopment Begins on Revolutionary Closed Loop Geothermal TechnologyNext PostCeraPhi Announces a Raft of New Appointments as Demand for Geothermal Energy Solutions Increase About CeraPhi®  CeraPhi is a vertically integrated Geothermal Development Company with proprietary technology and a mission to unlock the thermal heat underground to deliver sustainable, continuous, and totally green 24/7 baseload energy through a “plug and Play” sustainable technology platform.  To find out more and to explore investment opportunities with CeraPhi visit www.ceraphi.com For media inquiries and further information, please contact Holly Harvey-Perdicou holly.harvey-perdicou@ceraphi.com

NEWS Development Begins on Revolutionary Closed Loop Geothermal Technology 11 July 2022 The UK’s first end to end Geothermal business is making significant advances with its state-of-the-art proprietary closed loop geothermal technology – designed to generate clean thermal energy from deep below the earth surface – as it appoints a leading British manufacturer for the build. CeraPhi Energy, based in Great Yarmouth, has announced Calder, one of the country’s leading pumping equipment specialists, has been awarded the contract to manufacture its very first CeraPhiTru™ unit. The unit is a proprietary technology designed to prove the commercial validity of energy from deep wells and how that energy is used. Initial designs for the CeraPhiTru™ unit was successfully completed by Petrofac earlier this year based on specifications provided by the CeraPhi Energy team. Calder has now been selected for the manufacturing of the CeraPhiTru™ unit, which will be carried out at the company’s extensive workshop facilities in Worcester.  Speaking about the development of the CeraPhiTru unit with Calder, Karl Farrow, Founder and CEO at CeraPhi Energy said: “We are delighted to have awarded Calder with the contract to manufacture our first unit which is a significant milestone in our go to market phase and will enable us to prove up the thermal energy extraction on our projects and help companies to achieve their net zero targets. “Calder has a long track record of building quality equipment with a highly experienced team and this, coupled with their unrivalled technical knowhow, made the company a natural fit to enable us to drive our innovative solution to the next level.” The CeraPhiTru™ unit forms part of the closed loop geothermal system in the early stage to model and prove up the energy resource to support the commercial validity and the design of the final topside to be installed. The CeraPhiTru™ unit works in conjunction with the company’s proprietary CeraPhiWell™ solution, a down hole heat exchanger which is designed to circulate proprietary working fluids moving the heat to the surface where it is then processed into direct heat or power use before it is returned into the well. Speaking about the contract award, Lee Watkins, Managing Director at Calder said: “Calder has a long history of delivering quality bespoke pumping packages for a variety of applications, and our experience lends itself well to CeraPhi Energy’s closed loop solution. “It is great to be working with the CeraPhi Energy team on this innovative solution, within the growing geothermal sector. We look forward to continuing to support them in their journey which is to help organisations to meet their net zero targets through the implementation of geothermal solutions.” Geothermal is a form of renewable energy taken from heat derived from the earth’s subsurface and CeraPhi Energy’s Closed Loop Solution makes Geothermal available everywhere and anywhere. It is one of the cleanest forms of energy and can be used both as a direct power source as well as for heating and cooling utilities. Previous PostUK’s first geothermal development business signs world climate pledgeNext PostCeraphi Energy Welcomes Work Experience Student About CeraPhi®  CeraPhi is a vertically integrated Geothermal Development Company with proprietary technology and a mission to unlock the thermal heat underground to deliver sustainable, continuous, and totally green 24/7 baseload energy through a “plug and Play” sustainable technology platform.  To find out more and to explore investment opportunities with CeraPhi visit www.ceraphi.com For media inquiries and further information, please contact Holly Harvey-Perdicou holly.harvey-perdicou@ceraphi.com

NEWS UK’s first Geothermal Development business signs world climate pledge 30 June 2022 The UK’s first end to end Geothermal business – CeraPhi Energy located in Great Yarmouth – has this month announced its commitment to deliver net zero carbon by 2040 with its signing of the Climate Pledge, a worldwide commitment made by companies and organisations across the globe.Joining some of the world’s largest brands, including Amazon and Mercedes Benz, who have already pledged their support, CeraPhi joins more than 300 signatories, all of whom have pledged to deliver net-zero carbon by 2040. Speaking about CeraPhi’s commitment to the Climate Pledge, Karl Farrow, Founder and CEO said: “CeraPhi’s signing of the Climate Pledge not only firmly demonstrates our commitment to reducing carbon emissions through our business proposition of providing the cleanest, carbon free, cheapest and most efficient 24/7 base load energy through geothermal, but also our passion and commitment as individuals to achieving net-zero carbon by 2040.’CeraPhi is the first company in the UK to offer a complete end to end geothermal energy solution from securing finance to full development and build or equity return. Utilising innovative closed loop technology, CeraPhi’s patented plug and play solution provides proven, de-risked geothermal energy – one of the cheapest, cleanest and most efficient renewable energy sources available – at significant scale and capable of powering whole communities. Only last month the company announced it was working with one of the world’s leading services contractor, Petrofac, on a ‘first of its kind’ study that will test whether oil and gas wells in the North Sea can be repurposed for geothermal energy.Geothermal is a form of renewable energy taken from heat derived from the earth’s subsurface and which is contained within rocks and fluids. It is one of the cleanest forms of energy and can be used both as a direct power source as well as for heating and cooling utilities. Previous PostCeraPhi to Support Petrofac in ‘First of its Kind’ Oil and Gas Well Repurposing StudyNext PostDevelopment Begins on Revolutionary Closed Loop Geothermal Technology About CeraPhi®  CeraPhi is a vertically integrated Geothermal Development Company with proprietary technology and a mission to unlock the thermal heat underground to deliver sustainable, continuous, and totally green 24/7 baseload energy through a “plug and Play” sustainable technology platform.  To find out more and to explore investment opportunities with CeraPhi visit www.ceraphi.com For media inquiries and further information, please contact Holly Harvey-Perdicou holly.harvey-perdicou@ceraphi.com