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Colorado, land of progress September 28, 2009

Posted by cleanidahoenergy in AEHI, coal power, Colorado, economic benefits.
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Keeping our investors and the public updated is an important duty of ours. This news release is available on http://www.alternateenergyholdings.com as well

NEWS RELEASE
9:15 am ET
September 28, 2009

AEHI prepares to launch Colorado nuclear-solar power plant site

Boise, Idaho, September 28, 2009 – Alternate Energy Holdings, Inc. (OTC: AEHI.PK): AEHI executives visited Colorado last week to meet with a number of key county and state leaders to ascertain the support for a combination nuclear and solar power plant in Pueblo County. The trip also included a review of the property by a nuclear site expert to determine suitability.

Colorado currently does not have an operating nuclear plant but has a strong commitment to clean energy sources to address Climate Change using renewables, but base load power is primarily provided by coal plants. Therefore, the state is a prime candidate for nuclear to replace the aging coal plants to fully support their commitment to addressing Climate Change.

AEHI CEO, Don Gillispie, said, ” We were very encouraged by the supportive remarks from businessmen, labor leaders, politicians and members of the state’s administration. They clearly understand that nuclear plants not only create clean power necessary to help with environmental challenges, but low cost, reliable energy to stabilize the electric grid while creating thousands of high paying jobs.”

About Alternate Energy Holdings, Inc. (www.alternateenergyholdings.com)

Alternate Energy Holdings develops and markets innovative clean energy sources. The company is the nation’s only independent nuclear power plant developer willing to build power plants in non-nuclear states. Other projects include, Energy Neutral which removes energy demands from homes and businesses (www.energyneutralinc.com), Idaho Energy Complex (nuclear and biofuels generation) and International Reactors, which assists developing countries with nuclear reactors for power generation, production of potable water and other suitable applications. Also, AEHI China develops joint ventures to produce nuclear plant components among other things for export.

“Safe Harbor” Statement: This press release may contain certain forward-looking statements within the meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34, which are intended to be covered by the safe harbors created thereby. Although AEHI believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that these statements included in this press release will prove accurate.

US Investor Relations:

208-939-9311

invest@aehipower.com

Promising signs from Korea September 23, 2009

Posted by cleanidahoenergy in AEHI, Colorado, Energy policy, Korean reactors, nuclear industry, reactor types.
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I am currently travelling in Colorado but I wanted to update followers on some initiatives we have going. Alternate Energy Holdings Inc. is nearing a deal to bring the first Korean advanced reactor to the US for the Idaho nuclear project. This is an excellent design based on Combustion Engineering and Westinghouse designs first developed in the US. Also, the Koreans are some of best reactor operators in the world. This reactor will allow AEHI to produce the lowest cost power of any proposed US power plant including combined cycle gas, wind, solar, geothermal and clean coal. It will also stimulate investment money from Korea into our Idaho nuclear project.  The MOU will be publicly announced in the near future.

Letter to investors September 11, 2009

Posted by cleanidahoenergy in AEHI, China, Chinese nuclear energy, economic benefits, Elmore County, international, Investment news, nuclear industry.
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I sent a letter to investors recently. Keeping people informed about our company, its goals and status is an important to us.

September 9, 2009

Dear AEHI Stockholder,

First, let me thank you so much for your investment in AEHI. The company has several nuclear projects underway including our lead site in Idaho, as well as Colorado, a desalination reactor in Mexico and a Tar Sands reactor in Canada to remove trapped oil.

We also formed Energy Neutral, Inc last year to install wind, solar and geothermal heat pumps on homes and offices to eliminate energy bills. Currently, we plan to build our first energy free model home starting the first of October to demonstrate we can construct buildings with no power bills at essentially the same price as those with energy bills. This will help launch our first energy neutral subdivision. The Energy Neutral Trade Mark name is pending as well.

The Idaho reactor, Idaho Energy Complex, is in the process of seeking local approval and we expect it by year’s end. After the Elmore County site approval was delayed due to process problems, we began looking at other sites and now have three additional Idaho counties who are extremely interested in having our plant. A little competition is always healthy. In addition, we are reviewing state lands for potential sites. After two years of educating Idaho citizens along with support from the national media and key state leaders, we have no doubt that an approved site will happen in Idaho soon and we will be adding staff locally to accommodate. We have a funding commitment from Source Capital for the site.

In July, we opened an office in Beijing, China with some investors as AEHI China to facilitate joint ventures for nuclear components among other things and large institutional investors. With the support of the Chinese government nuclear officials, we have several companies who are interested in working with us. I now travel to China every couple of months to facilitate these deals. Also, we are in the process of negotiating on the price to bring the Korean advanced reactor, APR 1400, to the US. This reactor will be lower than the cost of the other reactors currently in the US market making us more than competitive with any new source of electricity in the country. As a backup, we have begun to talk with Mitsubishi Heavy Industries about their advanced reactor as well. Further, we have a large energy trust that is willing to loan us up to $5 billion for the plant construction phase.

Lastly, in lieu of going on the London Plus Exchange as mentioned in my last letter, we are starting the process for our first public stock offering (IPO) for later this year and a move to the American Stock Exchange. This will open the stock up to institutional and more international investors by the first quarter of 2010 allowing us to leave the penny stock category.

As you can see there is plenty of positive news in the making, we will publicly announce this information as it unfolds. If you would like some more AEHI stock or have qualified investor friends, the price is at its lowest from the company at 5 cents per share with no broker fee or volume limit like in the market. This offer will end October 31 when we file for our public offering. We doubt this price will ever be available again. Also, if you have an unrestricted investment 401K or any IRA you can transfer funds to AEHI stock as well.

Just send an e-mail to invest@aehipower.com or call 208-939-9311for more information and PPM, or you can just mail a check to AEHI if an existing investor. If you are an investor you can add to your holdings for as little as $1000 or any amount above that minimum. New investors need to review the PPM.

Again, thanks for your support as we try to help the country with jobs and clean, low cost energy that will also assist us with energy independence.

Best regards,

Don Gillispie

We need a domestic supply of medical isotopes September 10, 2009

Posted by cleanidahoenergy in AEHI, medical isotopes.
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This is recent news release we sent out. Surprisingly, we have no domestic source for these lifesaving isotopes and our plant hopes to meet future demand.

Idaho nuclear plant would help meet demand for medical isotopes
Current shortage highlights need for domestic source of nuclear medical materials

September 8, 2009
For more information, contact:
Don Gillispie, 208-939-9311
Martin Johncox, 208-658-9100
www.alternateenergyholdings.com

Facebook http://companies.to/nuclear
Blog: www.cleanidahoenergy.wordpress.com

Twitter: @aehi

A critical worldwide shortage of nuclear materials has forced some doctors to forgo lifesaving imaging tests for cancer – underscoring the need for more nuclear reactors, according to a company proposing to build a nuclear power plant in Idaho.

“Nuclear power is known as the safest, cleanest form of emission-free baseload energy, but nuclear plants also produce isotopes used in medical procedures,” said Don Gillispie, president and CEO of Alternate Energy Holdings Inc. “The shortage of isotopes – like the shortage of energy – shows we have taken nuclear power for granted for too long.”

According to Reuters, “The Society of Nuclear Medicine said 91 percent of 375 members including doctors and nuclear medicine technicians at hospitals across the nation reported … they had been affected by the shortage, with 60 percent postponing procedures and 31 percent canceling some.” (http://www.medicalnewstoday.com/articles/154059.php)

Five aging reactors in Belgium, Canada, France, the Netherlands and South Africa produce molybdenum 99, which decays to technetium 99m, which is used in about 80 percent of nuclear medical scans. A nuclear reactor in Ontario, Canada shut down in late 2007 and will remain shut down until late 2009. The reactor produces about 40 percent of the world’s molybdenum 99. The one-month summer maintenance closing of the Netherlands reactor was expected to make matters worse. Molybdenum 99 has a half-life of 67 hours, so it cannot be stockpiled.

Dr. Peter Conti at the University of Southern California said “a prolonged shortage could threaten clinical trials for cancer drugs because patients may not be able to get needed scans on schedule, forcing them to drop out.” He also said doctors at USC are performing only the most urgent tests, typically for heart scans, that tests to check if cancer has spread to bones “have gone by the wayside” and that some cancer patients will be switched to more expensive positron emission tomography scans, known as PET scans, although Medicare doesn’t cover PET scans.

Gillispie said his proposed reactor would install the specialized equipment needed to extract medical isotopes.

“The U.S. has 104 reactors and it is surprising we do not have our own domestic source of lifesaving nuclear isotopes,” Gillispie said. “Our proposed reactor is too far off to help the current emergency, but with only a handful of aging reactors producing these isotopes, the problem will only continue to grow.”

In other AEHI news, on June 5, the company announced it signed an agreement with Source Capital Group Inc. to raise money for the project. The funds will cover land, water rights and engineering services to obtain Nuclear Regulatory Commission approval to construct and operate an advanced nuclear plant in Elmore County, Idaho, estimated to total some $70 million. Every company that has undertaken the NRC application process has successfully completed it and received a construction/operation license.

The Elmore County Commission in April heard more than four hours of testimony in favor of AEHI’s request to rezone land for the plant, with over 500 supporters packing the hearing room.

About Alternate Energy Holdings, Inc. (www.alternateenergyholdings.com)

Alternate Energy Holdings develops and markets innovative clean energy sources.  Current projects include the Idaho Energy Complex (an advanced nuclear plant and bio-fuel generation facility, energy-neutral home and business technology (www.energyneutralinc.com), Colorado Energy Park and International Reactors, Inc., which assists developing countries with nuclear reactors for power generation, production of potable water and other suitable applications.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain certain forward-looking statements within the meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34,which are intended to be covered by the safe harbors created thereby.  Although AEHI believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that these statements included in this press release will prove accurate.

US Investor Relations:

208-939-9311

invest@aehipower.com