SBI BioEnergy Inc.

Incorporated in 1998, SBI BioEnergy Inc. (SBI) is an Albertan company that develops unique environment-friendly renewable DROP-IN energy resources. Such resources include: Hydrogen, Bio-gasoline, Bio-Jet fuel, Renewable Diesel, FAME Biodiesel and their production technologies. Golu Hydrogen Technologies Inc., a spinoff from and backed by SBI group of companies, has developed a disruptive green hydrogen production technology, Gölu-H2. This technology thermo-catalytically extracts hydrogen from a combination of water and a renewable product, ethanol which, unlike electrolysers, requires no electricity. Gölu-H2 allows the decentralized production of green hydrogen and clean electricity, independent of petroleum feed stocks and high CAPEX wind and solar energy. Using widely available low carbon ethanol as feed stock in Gölu-H2 solves the hydrogen distribution problem by tapping into existing petroleum pipelines, transportation, distribution, storage and dispensing systems readily available globally. The Gölu-H2 modularized integrated power generation systems are specially designed for onsite hydrogen generation for the refueling of heavy and light duty HFCEVs and generating power for EV charging. Modular units to be installed onboard a flatbed rail car or a ship will generate hydrogen to power a locomotive or a ship. Rail and ship owners will use existing liquid fuel storage and dispensing facilities for ethanol to avoid building costs of prohibitive hydrogen supply chain infrastructure. Larger scale Gölu-H2 units will help decarbonize conventional gray hydrogen utilizing industry sectors such as power generation, petroleum hydro processing, biofuel, SAF, ammonia, fertilizers, bioplastics and steel manufacturing sectors.