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Alternate Energy Holdings, Inc.’s Green World Water™ Announces Website Launch July 23, 2010

Posted by cleanidahoenergy in AEHI, Agriculture, desalination, Green World Water, Hyperion Power Generators, Water policy.
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Green World Water™ Prepares to Sell Company’s First Nuclear Desalination System

BOISE, Idaho, Jul 22, 2010 — Alternate Energy Holdings, Inc. (OTCQB:AEHI) today announced the launch of http://www.GreenWorld-H2O.com. The site will be used to promote and sell commercial Green World Water(TM) nuclear desalination systems, some of which are poised to sell before the end of the year.

“We already had visitors to the site before its official launch, which is gratifying because we have a large number of countries that have expressed interest in our product and this site is now offering the additional information they need to make an informed decision,” said Don Gillispie, AEHI CEO.

The site will be used to further explain the Green World Water product, but it also demonstrates exactly how a nuclear desalination system differs from any other, mainly coal, natural gas and wind. In every category nuclear has clear advantages in price, volume of clean water produced, cost to process water from the ocean and co-generation of electricity.

“It is exciting for us and to our potential clients that we can produce clean water from the ocean for as low as 35 cents per cubic meter. Other systems are doing the same thing, but with a cost between $2 and $12 per cubic meter. The great thing about nuclear desalination is that the sale of electricity from the same plant will actually pay for the cost of the water production,” said Gillispie.

Green World Water desalination systems can process up to 400,000 cubic meters of clean water every day and use power generation to pump the water hundreds of miles inland, which will reduce, if not eliminate the problems of drought and dirty water in many parts of the world. That is enough water to fill a reservoir more than a mile wide, by 10 meters deep every month with clean water.

Green World Water will use 650 MWe or 1100 MWe reactors and through a partnership with Hyperion Power Generation, the company may soon add Hyperion’s refrigerator-sized 25 MWe reactor to the list as well.

International drought conditions are creating havoc in many countries and according to the United Nations, it won’t be long before one-third of the world’s population will have little to no access to clean water. It is estimated that the problem will increase by 40 percent in the next 15 years.

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 (http://www.GreenWorld-H2O.com), 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.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words “believe,” “expect,” “anticipate,” “project,” “target,” “optimistic,” “intend,” “aim,” “will” or similar expressions are intended to identify forward-looking statements. Such statements include, among others, those concerning our expected financial performance and strategic and operational plans, as well as all assumptions, expectations, predictions, intentions or beliefs about future events, including our ability to list on a national securities exchange. These statements are based on the beliefs of our management as well as assumptions made by and information currently available to us and reflect our current view concerning future events. As such, they are subject to risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among many others: our significant operating losses; our limited operating history; uncertainty of capital resources; the speculative nature of our business; our ability to successfully implement new strategies; present and possible future governmental regulations; operating hazards; competition; the loss of key personnel; any of the factors in the “Risk Factors” section of our Annual Report on Form 10-K for the most recently completed fiscal year; and any statements of assumptions underlying any of the foregoing. You should also carefully review the reports that we file with the SEC. We assume no obligation, and do not intend, to update these forward-looking statements, except as required by law. ###



1. Alternative Energy Holdings, Inc. Cited as WallStreet Corner. Com Stock Pick | Energy Alternatives New Zealand - August 17, 2010

[…] Alternate Energy Holdings, Inc.'s Green World Water™ Announces … […]

2. M.L. Vahrenkamp - September 28, 2010

Please notify me of any news about Alternate Energy Holdings, Inc. via email. Thanks. MLV

cleanidahoenergy - September 28, 2010

Thank you for your interest! Please go to our Web site, http://www.aehpower.com. Near the upper right-hand corner is a button that says “Subscribe.” Click that and you will get on our lists. Thanks!

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