jump to navigation

AEHI’s Green World Water™ receives strong global interest in desalination reactors June 29, 2010

Posted by cleanidahoenergy in AEHI, desalination, Green World Water.
Tags: , , ,
1 comment so far

Reactors to produce enough electricity to offset cost of water production

PRESS RELEASE
June 29, 2010

BOISE, IDAHO – June 29, 2010 – Alternate Energy Holdings, Inc. (OTCQB: AEHI) today announced that AEHI subsidiary Green World Water™, which has developed the world’s first commercially available and competitively-priced nuclear desalination reactor that can produce clean water from the ocean and electricity simultaneously, including pumping the water hundreds of miles inland, has created substantial interest in the international market.

“We are receiving calls from countries in South America, Europe, the Middle East and Africa. The interest in our desalination reactor has reached such a level that we are now well positioned to sell several units by the end of the year,” said Don Gillispie, AEHI CEO.  “Water and power are arguable the two biggest concerns worldwide and the GWW™ reactor solves both problems more effectively and affordably than any other product on the market.”

GWW™ reactors are based on advanced Western technology, come in a variety of sizes and are affordably priced, with financing options only available through AEHI & Green World Water™.

Sizes include 650 Megawatts, 1100 Megawatts and because of recent deal with Hyperion Power Generation, they will soon even come in much smaller 25 Megawatt stackable units.

The potential applications are extensive.  The GWW™ units have the ability to produce clean water from the ocean, rivers, and even brackish sources and because they also provide a large source of power, they can also generate enough electricity to supply the energy needs of entire communities.

“The most amazing thing about our Green World Water™ reactors is the clean water they produce from the ocean is essentially free thanks to the revenue generated from the electricity the plant also creates,” said Gillispie.

Depending on the number of desalination units on each plant, a single facility could supply power and clean water for up to 100,000 households or provide substantial water for large industrial applications.  Based on these facts, it’s clear why so many groups are showing their support for nuclear desalination.

“Nuclear power is being backed by the International Desalination Association and has been endorsed by the American Nuclear Society, the International Atomic Energy Agency, the Gulf Cooperative Council and the United Arab Emirates just to name a few.  Based on that level of support, we are in good company – an international community intent on making nuclear power a key component in the global effort to produce clean water,” said Gillispie.

About Alternate Energy Holdings, Inc. (http://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 seeking to build new power plants in multiple non-nuclear states. Other projects include Energy Neutral™, which removes energy demands from homes and businesses

(http://www.EnergyNeutralinc.com) Colorado Energy Park (nuclear and solar generation), and Green World Water™, which assists developing countries with nuclear reactors for power generation, production of potable water and other suitable applications. AEHI China, headquartered in Beijing, develops joint ventures to produce nuclear plant components and consults on nuclear power.

“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. As a result, investors should not place undue reliance on these forward-looking statements.
###

Great news in Payette County June 22, 2010

Posted by cleanidahoenergy in AEHI, approval process, nuclear jobs, Payette County.
Tags: , ,
5 comments

This morning, I am happy to announce we filed our application in Payette County, Idaho, to rezone land for our proposed nuclear reactor. Below is the news release:

Alternate Energy Holdings, Inc. Enters Final Phase of Approval Required in Idaho for Nuclear Power Plant

Overwhelming Support Expected Based on Prior Unanimous Commissioner’s Vote

BOISE, Idaho, Jun 22, 2010 (GlobeNewswire via COMTEX) — Alternate Energy Holdings, Inc. (OTCQB:AEHI) today announced the company has entered the final stage of gaining local approval to build a nuclear power plant after officially filing a rezone application this morning.

“This is the final step at this level and a major milestone for AEHI because we’ve gotten to this point in a relatively short amount of time. Often this process can drag on for more than a year, and we’ve been able to reach this stage in about six months. I believe it demonstrates the desire Payette County residents have to build a nuclear power plant here,” said Don Gillispie, AEHI CEO.

Recently the Payette County Board of Commissioners unanimously approved a county-wide zoning change, which makes this final step possible. The decision to do so was custom-designed for AEHI, because commissioners made the change specifically for a nuclear power plant; meaning the property in question could be rezoned from agricultural to industrial, but only if a nuclear power plant is built there.

“We are excited for the process to move forward and based on our success in previous hearings it shouldn’t be long before we have all the necessary approvals we need to build a nuclear power plant in Idaho. This is something we’ve all been working towards for a long time and to see our efforts paying off is a tremendous blessing,” said Gillispie.

Prior hearings in Payette County were also met with a groundswell of support from residents. Those who testified in favor of AEHI outnumbered the opposition at least three-to-one during every public meeting. During the last hearing County Commissioners even recognized the statistics, which proved a consistent level of support that in some cases surpassed 80 percent.

“People want this plant, the numbers prove it. It is interesting that our local support seems to match, and even surpass the national average of those who say ‘we need more nuclear power plants in the United States.’ It is the only clean method available of producing baseload power, one that will also provide the jobs and revenue we desperately need as a country,” said Gillispie.

During construction the Payette County Plant, also called the Idaho Energy Complex, is expected to bring $5.3 billion to Idaho, which is about 10 percent of the State’s gross domestic product. The project will create more than 5,000 jobs, which average $60,000 during construction and $80,000 during operations.

About Alternate Energy Holdings, Inc. (http://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 seeking to build new power plants in multiple non-nuclear states. Other projects include Energy Neutral(TM), which removes energy demands from homes and businesses (http://www.energyneutralinc.com/ ), Colorado Energy Park (nuclear and solar generation), and Green World Water(TM), which assists developing countries with nuclear reactors for power generation, production of potable water and other suitable applications. AEHI China, headquartered in Beijing, develops joint ventures to produce nuclear plant components and consults on nuclear power. AEHI signed a memorandum of understanding with Hyperion Power Generation. The MOU is the beginning of a joint venture between the two companies to license, build and market Hyperion’s refrigerator-sized modular nuclear reactors on a world-wide basis.

“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. As a result, investors should not place undue reliance on these forward-looking statements.

This news release was distributed by GlobeNewswire, www.globenewswire.com

AEHI Signs MOU With Hyperion Power To Manufacture Small, Modular Nuclear Reactors In China And Market World-Wide June 14, 2010

Posted by cleanidahoenergy in AEHI, China, desalination, Hyperion Power Generators, reactor types.
Tags: , , , , ,
add a comment

Partnership to open untapped opportunities in commercial nuclear power

EAGLE, IDAHO – June 14, 2010 – Alternate Energy Holdings, Inc. (OTCQB: AEHI) – today announced the signing of a memorandum of understanding with New Mexico-based Hyperion Power Generation, Inc.  The MOU is the beginning of a joint venture between the two companies to license, build and market Hyperion’s refrigerator-sized modular nuclear reactors on a world-wide basis.

“I am extremely excited and honored to be a partner with Hyperion and its equally impressive 25 Mwe Hyperion Power Module.  It is one of the most innovative products I’ve seen in my 46 years in the nuclear industry.  Because of its small size the power plant’s applications are limitless and could fuel a huge variety of important facilities including: hospitals, desalinization plants, emergency facilities, industrial parks, factories, military bases, and even small towns for many years.  Because of its innovative and exclusive design, Hyperion’s technology can even open up applications that no other production reactor can perform.   Our partnership will make it possible to market the product internationally, and to locate specific applications in the United States,” said Don Gillispie, AEHI CEO and Chairman.

“We chose AEHI to assist us in this endeavor because the company is independently operated, has unprecedented connections in the international community, especially in China, and is headed up by some of the most well-known and respected individuals in the nuclear industry.  If there is one company that has the ability to successfully place the Hyperion product in the international spotlight, it is AEHI,” said John R. “Grizz” Deal, Hyperion CEO.

Hyperion knocked the nuclear industry on its heels last year when company officials announced the ultra-small reactor, which already has more than 150 purchase commitments from customers such as mining and telecom companies.  Unlike most reactors, Hyperion transportable reactors are sealed at the factory and are not refueled onsite.  When the reactor has exhausted its fuel, it is returned to the factory and a new reactor is simply installed in its place.

“The Hyperion Power Module practically sells itself,” said Gillispie.  “It can be installed in a small vault, could power about 25,000 homes, and comes with an unbelievably affordable price tag. In, addition, the power plants can be stacked to provide exactly the amount of power needed now and still have the option to increase power supplies in the future if power demands increase. That combination opens up a limitless market, in which AEHI has a variety of customers who are ready to buy.”

About Alternate Energy Holdings, Inc. (http://www.AEHIPower.com) — Alternate Energy Holdings develops and markets innovative clean energy sources. The company is the nation’s only independent nuclear power plant developer seeking to build new power plants in multiple non-nuclear states. Other projects include Energy Neutral™, which removes energy demands from homes and businesses (http://www.EnergyNeutralinc.com) Colorado Energy Park (nuclear and solar generation), and International Reactors, which assists developing countries with nuclear reactors for power generation, production of potable water and other suitable applications. AEHI China, headquartered in Beijing, develops joint ventures to produce nuclear plant components and consults on nuclear power.

About Hyperion Power Generation, Inc. (http://www.HyperionPowerGeneration.com) — Hyperion Power Generation Inc. is a privately held company formed to commercialize a small modular nuclear reactor designed by Los Alamos National Laboratory (“LANL”) scientists leveraging forty years of technological advancement. The reactor, known as the Hyperion Power Module (“HPM”), designed to fill a previously unmet need for a transportable power source that is safe, clean, sustainable, and cost-efficient.

“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. As a result, investors should not place undue reliance on these forward-looking statements.

###

AEHI Posts Presentation on InvestorRoadshow.com; Provides Update on Idaho Nuclear Reactor, Green World Water™ Desalinization June 10, 2010

Posted by cleanidahoenergy in AEHI, approval process, China, Elmore County, Energy Neutral, Green World Water, international, Investment news, Payette County.
Tags: , , , , , , ,
1 comment so far

BOISE, IDAHO – June 9, 2010 – Alternate Energy Holdings, Inc. (OTCQB: AEHI) announced today that it has posted its investor presentation slides and synchronized audio to the Investor Roadshow website (www.InvestorRoadshow.com), an online portal for connecting investors with executives of publicly traded companies. Mr. Don Gillispie, AEHI CEO, provided a target business timeline and updates on:

• The local permitting process for the Company’s proposed primary and backup nuclear reactor sites in Payette and Elmore counties in Idaho;
• AEHI’s Green World Water™ project and exclusive partnership with China National Nuclear Corporation to produce and market nuclear desalinization reactors
• The Company’s Energy Neutral™ home, which produces more energy than it consumesDon Gillispie, AEHI CEO, commented, “We are the only independent nuclear power plant developer in the U.S. seeking to build in non-nuclear states. Today’s safe nuclear energy design provides unchallenged consistency along with some of the lowest production costs and highest capacity to support the nation’s base load requirements while eliminating green house gas emissions. Support for nuclear is growing rapidly, particularly as most state regulators now prefer nuclear even to natural gas, and approximately 84% of Americans living close to nuclear power plants now support this environmentally friendly and safe option that also contributes jobs to the local community. The fact that we have now received unanimous approval from Payette County’s Board of Commissioners for its comprehensive county plan change, as well as the planning and zoning approval at our backup site in Elmore County, demonstrates we have made dramatic operational progress and are well on our way to NRC review, followed by the construction phase at one or both of these sites. At each stage of the permitting and regulatory approval process, the commercial value of these sites increases substantially driving significant value creation for our shareholders.”

“At the same time we are moving forward our proposed $10 billion nuclear project, we are also actively pursuing multiple near-term revenue opportunities. Among these, we recently announced an official partnership with China National Nuclear Corporation to produce and market nuclear desalinization reactors. Our Green World Water reactor design is state-of-the-art, and offers the cleanest, most efficient, and most cost-effective solution for converting salt water to drinking water. Several countries have already expressed interest in the desalinization reactor and we expect to have several of these projects underway within a year.”

“Lastly, we have received significant interest from homebuyers and homebuilders in our new Energy Neutral home. This home produces more energy than it consumes, and provides the excess energy back to the grid, generating net cash flow from the public utility on a monthly basis that can be used to offset total home ownership costs. Given the current stage of permitting for our nuclear reactor sites, coupled with our near-term revenue opportunities, we are extremely encouraged by the outlook for our business.”

About Investor Roadshow

Investor Roadshow brings the experience of attending a one-on-one meeting or group presentation with corporate management direct to your home or office. For qualified institutions and individual investors, a live one-on-one virtual meeting can be arranged through the site that suits investors busy schedules, complete with Q&A. Investors can also utilize the site to request additional information from the featured companies. The proprietary Investor Roadshow technology, powered by Equisolve, seamlessly integrates with the company’s own IR website.

About Alternate Energy Holdings, Inc. (http://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 seeking to build new power plants in multiple non-nuclear states. Other projects include Energy Neutral, which removes energy demands from homes and businesses (http://www.energyneutralinc.com/), Colorado Energy Park (nuclear and solar generation), and International Reactors, which assists developing countries with nuclear reactors for power generation, production of potable water and other suitable applications. AEHI China, headquartered in Beijing, develops joint ventures to produce nuclear plant components and consults on nuclear power.

AEHI Appoints Key Management to Oversee Energy Neutral™and Green World Water™ June 3, 2010

Posted by cleanidahoenergy in AEHI, Chinese nuclear energy, desalination, Green World Water, Water policy.
Tags: , , , , , , , ,
add a comment

EAGLE, IDAHO – June 3, 2010 – Alternate Energy Holdings, Inc. (OTCQB: AEHI) – today announced the creation and hiring of two key positions.

The National Director of Energy Neutral™ has been filled by Kelly Cross, who currently holds the managing position of News Director for KTRV Fox12 in Boise, Idaho. His experience focuses largely on branding and marketing of new products, which is an excellent and welcome combination in promoting Energy Neutral products and franchises.
Chad Walker has accepted the position of Green World Water™ manager and will be responsible for promotion and sales of AEHI’s latest investment in nuclear desalinization reactors. Walker’s extensive military background and experience in advanced training and facilities management, combined with an upcoming Masters in Public Administration, makes him a perfect candidate.

“These two men are the perfect additions to AEHI. Both positions are extremely important to our success, because as AEHI subsidiaries, Energy Neutral and Green World Water are already proving extremely important and are expected to become key sources of revenue for the company within a year. So their future success is critical, and I know these men have the ability to make that happen,” said Don Gillispie, AEHI CEO.

About Energy Neutral (http://www.energyneutralinc.com) – A subsidiary of AEHI, Energy Neutral plays a key role in promoting responsible and affordable renewable sources of energy. The company demonstrated this ability by building a home in Eagle, Idaho, which creates more power than it consumes. Importantly, the home was built for the same cost as traditional homes in the area, about $100 per square foot.  It is the goal of Energy Neutral to build homes around the globe, which offer built-in renewable sources of power at an affordable cost to typical homebuyers. The company also offers franchise opportunities, and can even retrofit existing homes and businesses with renewable options that will greatly reduce, if not eliminate the cost of electricity.
About Green World Water — A subsidiary of AEHI, Green World Water is targeting the need for clean, potable water around the world. In creating the company, AEHI recently signed a contract with China National Nuclear Corporation (CNNC) to produce the world’s first commercially available nuclear desalinization reactor. Since the original announcement in May 2010, Green World Water has already been approached by several countries that want ocean water desalinated and pumped to remote areas for business, agriculture and other critical needs. Green World Water can affordably provide these solutions by using a nuclear reactor to desalinate water and generate the necessary electrical power to pump the water hundreds of miles inland.

About Alternate Energy Holdings, Inc. (http://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 seeking to build new power plants in multiple non-nuclear states. Other projects include Energy Neutral, which removes energy demands from homes and businesses (http://www.energyneutralinc.com/), Colorado Energy Park (nuclear and solar generation), and International Reactors, which assists developing countries with nuclear reactors for power generation, production of potable water and other suitable applications. AEHI China, headquartered in Beijing, develops joint ventures to produce nuclear plant components and consults on nuclear power.
“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. As a result, investors should not place undue reliance on these forward-looking statements.