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Alternate Energy Holdings, Inc. CEO Provides Commentary on the State of Nuclear Power in the U.S. November 22, 2010

Posted by cleanidahoenergy in China, nuclear industry.
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BOISE, Idaho, Nov 22, 2010 (GlobeNewswire via COMTEX) — Alternate Energy Holdings, Inc.’s (otcqb:AEHI) (www.aehipower.com) CEO today provided the following editorial regarding the state of nuclear power in the U.S.:

Wake Up America! We’re Falling Behind in Nuclear Power

By Don Gillispie, AEHI CEO

There’s a nuclear renaissance underway around the world. Twenty-three reactors are under construction in China, with 10 more expected to break ground within a few months. Russia is building 10 large reactors and South Korea is adding eight plants (http://www.world-nuclear.org/info/inf17.html). Even lightly populated Finland just approved construction of two new plants (http://www.nytimes.com/2010/07/02/business/global/02power.html). All told, 58 new nuclear power plants are under construction in 14 countries around the world, most of them in Asia.

But one nation is conspicuously absent from this list–the United States. There are no new plants under construction in the country that invented and exported commercial nuclear power to the world, and which continues to rely on the largest fleet in the world–104 reactors–for safe, reliable, clean and inexpensive electricity.

There are hopeful signs as U.S. utilities have submitted applications to the Nuclear Regulatory Commission for combined construction and operating licenses for 22 new plants, and the U.S. Energy Department is offering billions of dollars in loan guarantees to build the first few plants, but most of those projects are stalled today.

So, much needs to be done, because despite the possibilities, the industry is still waiting for the first project to get underway. Vogtle Electric Generating Station is awaiting final Nuclear Regulatory Commission approval to construct the country’s first nuclear plant ordered since 1977. As of yet, the Department of Energy has offered one loan guarantee to Southern Company (a big Atlanta-based utility) for Vogtle. Most recently the Baltimore-based Constellation Energy Group, Inc. decided the government’s loan guarantee program came with too many terms to be workable which has now stopped their Calvert Cliffs new plant project. (http://online.wsj.com/article/SB10001424052748704442404575542413155178010.html?mod=googlenews_wsj)

So, as the rest of the world prepares to benefit from new nuclear power, it doesn’t take a nuclear physicist to see that the U.S. is falling behind–and that Americans will suffer as a result. We are missing out on the best source of energy for the future. Nuclear power is far cheaper than wind or solar–and it runs all the time, not just when the wind blows or the sun shines. It’s even cost competitive with new coal before pollution control requirements. And it’s far more certain than natural gas, which, though abundant currently, may cause contamination of aquifers when extracted, and prices are subject to international market forces as we have seen in the past. Build enough new nuclear plants and the U.S. could even wean itself from dependence on foreign oil, since cars and trucks could be powered largely by electricity instead of gasoline.

The U.S. must not fall behind in building new reactors or U.S. companies will lose out in a very competitive market to build thousands of high-value components used in nuclear plants. To take advantage of that market and have sufficient energy to fuel economic growth reliably and cleanly, America must have a viable nuclear market of its own now–not 10 years from now.

Starting to build new nuclear facilities right now will give the suffering American economy a huge boost. Take the plant that my company, Alternate Energy Holdings, Inc., plans to build in Payette County, Idaho. The construction of the dual-reactor plant would directly employ up to 5,000 workers at the peak of a five year period. And since nuclear plants need hundreds of thousands of tons of concrete, more than 30,000 tons of steel, and countless specialized parts from a giant chain of suppliers, the total number of jobs created by the plant could actually be more than 100,000. Just 10 projects like this one could create approximately a million jobs. Those jobs would be here in the U.S., not overseas.

But the nation must move forward. I’ve worked for 45 years in the U.S. nuclear industry building and operating reactors and it’s profoundly sad to me to see America lag further and further behind China, India, Korea, Japan and other countries. In fact, I started AEHI out of frustration that big U.S. utilities were being too slow and cautious. So I got together a group of industry veterans like me and went out to see if we could jumpstart the nuclear renaissance in this country.

This industry can make a profound and positive difference, but I often feel like a lone voice crying in the wilderness. Wake up America! Nuclear power is crucial to our future and we’ve got to get started on it now!

About Don Gillispie — A 45-year veteran of the nuclear industry, Don Gillispie was involved in the construction and operation of a number of nuclear reactors and helped start the Institute of Nuclear Power Operations (INPO). He is now CEO of Alternate Energy Holdings, Inc. in Eagle, Idaho.

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(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.

The Alternate Energy Holdings, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8058

Safe Harbor Statement: 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.

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

AEHI CEO Cites United Nations Data on Global Water Crisis and Urges Wider Use of Nuclear Desalination Reactors August 23, 2010

Posted by cleanidahoenergy in AEHI, approval process, China, Chinese nuclear energy, desalination, Energy Neutral, Green World Water, Greenfield nuclear development, Hyperion Power Generators, Payette County.
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BOISE, Idaho, Aug. 23, 2010 (GLOBE NEWSWIRE) — Don Gillispie, CEO of Alternate Energy Holdings, Inc. (OTCBB:AEHI) (www.aehipower.com), an Eagle-Idaho based developer of large-scale nuclear and green energy projects including nuclear power plants and nuclear desalination reactors, today stated, “United Nations (http://www.un.org/waterforlifedecade/) data now confirms that the world is in the midst of a water crisis with one in six people worldwide without sufficient amounts of fresh water. In my opinion, one solution to this problem should be nuclear desalination reactors that can produce large amounts of fresh clean water.”

According to Gillispie, “The worldwide fresh water crisis, which is expected to outstrip supply by 2025 per the UN, could be helped significantly by using desalination systems powered by commercial nuclear reactors. Seawater desalination as an alternate source of fresh water has been used primarily with fossil plants around the world, but until now there hasn’t been a pairing of large commercial nuclear reactors with desalination systems. Nuclear powered desalination not only provides more affordable fresh clean water, but also excess electricity and carbon credits.”

Gillispie, whose AEHI subsidiary Green World Water™ (www.GreenWorld-h2o.com) plans to produce and market one of the world’s first large commercial nuclear desalination reactors, stated, “The World Health Organization (WHO) announced that 1.4 million children die every year from illness caused by unclean water and poor sanitation. WHO estimates that there are 4000 children dying every single day because of this fresh water crisis. Nuclear desalination reactors would give many of these children the fresh water to live.”

The International Atomic Energy Agency (IAEA) issued a recent report stating that 2.3 billion people live in water-stressed regions. “Lack of fresh water greatly constrains a country’s development in all respects,” stated the IAEA report. “Nuclear desalination thus becomes a popular solution.”

Gillispie agrees, “Nuclear desalination reactors have the ability to produce clean, fresh water from the ocean, rivers, and even brackish sources. These reactors can also generate enough electricity to supply the energy needs of entire communities and pump water inland to drought stricken areas.”

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.

Safe Harbor Statement: 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.

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.
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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.

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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.
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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.

Alternate Energy Holdings, Inc. Signs Exclusive Deal With China Supplier to Market World’s First Large Commercial Nuclear Desalinization Reactor May 19, 2010

Posted by cleanidahoenergy in China, Chinese nuclear energy, desalination, Water policy.
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Partnership to Result in Cleanest, Most Efficient, Most Cost-Effective Producer of Potable Water and Electricity

BEIJING, CHINA – May 18, 2010 – Alternate Energy Holdings, Inc. (OTCBB: AEHI) —  today announced the company’s official partnership through AEHI China with China National Nuclear Corporation (CNNC), through its subsidiary China Zhongyuan Engineering Corporation (CZEC), to produce and market nuclear desalinization reactors at the international level.

The product will be the largest, cleanest, most efficient, most cost-effective converter of salt water to drinking water on the market and will be available to order in the summer of 2010. It will be advertised under the name “Green World Water(TM)”.

The reactors that power these units come in 650 and 1,100 MWe sizes and can be tailored to produce water and electricity at a desired ratio. The designs are very safe, as they evolved originally from Westinghouse designs currently operating in the U.S., and were further evolved by the French before being built in China.

The partnership and reactor design was an idea by AEHI CEO Don Gillispie, who began working with CNNC’s subsidiary on the project more than a year ago. While there have been some small units built in Asia, mostly for domestic consumption, a larger commercial version was not readily available to the world.

“I had the idea many years ago to build and market a desalinization unit powered by a commercial nuclear reactor, but when I first met with CNNC, the design was still in my head, so I sketched it onto a piece of paper. Since then, it has evolved into a design that can solve water problems around the globe. This is something I’m very proud of knowing it can help millions of people gain access to clean, potable water,” said Don Gillispie, AEHI CEO.

Several countries have already begun contacting Gillispie about the desalinization reactor, and AEHI hopes to have several projects underway within a year.

“These deals are huge for AEHI, but they will also provide a tremendous benefit for many developing countries as over three billion people, half the world’s population, don’t have clean drinking water, according to National Geographic Magazine. These reactors will solve water issues, but they can also create needed power and produce thousands of jobs where they are desperately needed,” 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(TM), 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.

Coal pollution levels increase April 8, 2010

Posted by cleanidahoenergy in China, coal power, environmentalists.
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The Environmental Integrity Project recently stated that coal-fired plants are the largest source of mercury pollution in the U.S., generating more than 40 percent of US emissions. Also, the mercury output had recently increased at more than half of the country’s 50 largest power plants. Mercury is a highly toxic metal and settles in lakes and rivers, where it moves up the food chain.

Coal has become an important part of the country’s energy mix and we get half of our electricity from it. Coal increased substantially in the 1980s, as paranoia and biased media coverage contributed to negative public perceptions of nuclear. Meanwhile, the environmental community did little to oppose coal, figuring it wasn’t as bad a nuclear. As it turns out, a 1,000 megawatt (MW) coal-fired power plant produces approximately the same amount of global warming as 1.2 million cars, around all the cars in Idaho.

Lately, though, the truth has been sinking in. In 2004, for example, U.S. coal plants made up 8 percent of global greenhouse gas emissions and are a significant source of radiation, heavy metals and CO2.

Natural gas doesn’t produce the toxics, but it still pumps out half the CO2 of coal and costs considerably more. Carbon capture holds promise but is still in the early stages and its economics are unknown.

You would think that coal would be on the way out (and it may be in the US), but China and India are planning hundreds of new coal plants. Pollution aside, coal has the advantages of being abundant, reliable, cheap and relatively easy to convert to electricity, so it is easy to see why it is of such interest in developing countries.

We think every form of electricity has a role to play within its limits and potential, including coal, providing its toxic and carbon pollution can be effectively dealt with. For our part, we are pleased more political leaders, environmentalists and members of the public are realizing the advantages of clean, plentiful and reliable nuclear. The nuclear renaissance is definitely here thanks to a more balanced and rational approach.

Progress in China December 15, 2009

Posted by cleanidahoenergy in Agriculture, China, Chinese nuclear energy, nuclear industry, Water policy.
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Press Release 11:40 AM EDT

AEHI begins development of a joint venture using a large nuclear reactor for desalination of sea water into potable water and electricity production

Beijing, China, December 15, 2009 – Alternate Energy Holdings, Inc. (OTC: AEHI.PK): AEHI China has recently signed an agreement to cooperate in the develop of a joint venture with the Nuclear Power Institute of China to design, manufacture and market world-wide a 1000 MWe  reactor with the ability to produce potable water from sea water or unsuitable fresh water and electricity. The new reactor-desalting unit will be very competively price in the world market. An AEHI holding, International Reactors Inc, hopes to be able to start accepting orders in 2010.

Don Gillispie, AEHI Chairman and CEO, said, “Two of mankind’s biggest challenges today are obtaining adequate fresh water and low cost, reliable, clean electricity. The world demand for fresh water will outstrip supply in about 15 years by 50% due to drought, population growth and industrial demand.  We believe this reactor-desalting unit can uniquely produce the much needed water and electricity to pump it far inland where needed without creating pollution from fossil fuels.”

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 publicly traded 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), 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. Also, 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.

US Investor Relations:

208-939-9311

invest@aehipower.com

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

Progress internationally July 23, 2009

Posted by cleanidahoenergy in AEHI, China, Chinese nuclear energy, economic benefits.
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While our rezone application moves through the Elmore County process, we are pleased at our progress on the international front. Below is a story in Nuclear Street based on a recent news release we sent out.

AEHI’s CEO Meets Vice Minister of China’s NEA; Support Given For Strategic Nuclear Power Partnerships

Don Gillispie, during a recent trip to Beijing to open AEHI China’s new office in the Fortune Plaza, met with Sun Qin, Vice Minister of China’s National Energy Administration

– By Abby Gessner –
Alternate Energy Holdings Inc. (AEHI) CEO, Don Gillispie, during a recent trip to Beijing to open AEHI China’s new office in the Fortune Plaza, met with Sun Qin, Vice Minister of China’s National Energy Administration (China’s NEA equates to US Department of Energy). Mr. Sun openly supports AEHI joint ventures, strategic partnerships, and investments in the company’s projects as part of cooperation with the US-China agreement to work together on clean energy sources per US Secretary of Energy Steven Chu’s visit to China last week.

AEHI is working to get China producing internationally qualified products for use in nuclear plants to help lower the high cost of these components.

Don Gillispie said, “In addition we have been warmly received by nuclear component suppliers and operating companies such as China Shipbuilding Industry Company and Guangdong Nuclear Power Holding Company.”

The company has been given an MOU from Dalian Shipbuilding Industry Company, a division of China Shipbuilding, to work together to produce components such as nuclear containment liners, stainless steel piping, and desalination units.

Also, AEHI will work with Chinese companies to produce a new advanced nuclear reactor for international markets to improve competition and lower costs.

Gillispie told Nuclear street that “It was a great honor meeting with Sun Qin, Vice Minister of China’s National Energy Administration . He openly supports AEHI joint ventures, strategic partnerships, and investments in our project as part of cooperation with the US-China agreement to work together on clean energy sources per Secretary Energy Chu’s visit this week. We hope to get China producing ASME and N stamp products for use in nuclear plants to help lower the high cost of these products. We have been warmly received by suppliers and nuclear companies here as well. We will work with China to produce a generation 3 reactor for international markets to counteract the current high capital costs.”

aehichina01http://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 which removes energy demands from homes and businesses (www.energyneutralinc.com), Colorado Energy Park (nuclear and solar generating plants) and International Reactors, Inc., which assists developing countries with nuclear reactors for power generation, production of potable water and other suitable applications.

Our recent international trip December 2, 2008

Posted by cleanidahoenergy in AEHI, China, Chinese nuclear energy, Energy policy, international, nuclear industry, Politics and nuclear.
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Regardless of whether you’re a renewable, nuclear or coal developer, this is a tough time to get funding for a major project.

The Wall Street Journal reports that

“power companies across the U.S. are slashing capital budgets and canceling projects for clean electricity. Financing for new nuclear power plants appears shaky … Forging a new energy future by creating vast amounts of wind, solar and, possibly, nuclear energy is one of Mr. Obama’s highest priorities. But enacting that policy depends to a large degree on the ability of energy companies and utilities to finance the massive new investments that would be needed.”

Even energy developers that have utilities lined up to purchase power can’t get financing, according to the article.

We recently completed a three-week tour of China, Dubai and South Korea, to secure strategic partners for the company’s nuclear-renewable energy projects in Idaho, Colorado, Mexico and other pending international locations. Our initiative has taught us international investors understand the benefits of nuclear and the great profit potential for nuclear plants – more than $3 million a day in most cases, which will go higher if carbon trading becomes widespread. These investors know the U.S. has a fundamentally sound economy and has a great emand for stable, base-load electricity.

With the current financial situation in the U.S., we are fortunate to have an international reputation which allows us to obtain some funding outside of the U.S. AEHI’s internationally recognized senior nuclear executive team is highly regarded in the management of construction, operations and maintenance of commercial nuclear reactors.

There will always be investors on the lookout for power companies. We are optimistic that we have the necessary contacts internationally to find the required funds and/or strategic allies. For example, the company is considering opening an office in Beijing, China to facilitate several joint ventures.

To my left is Bo Song; father is founder of nuclear energy in China and one of the founders of the Communist Party (how far we have come!). Nan Shi, to my left, has relatives who tie to the last emperor of China.

To my right is Bo Song; his father is founder of nuclear energy in China and one of the founders of the Communist Party (how far we have come!). Nan Shi, to my left, has relatives who tie to the last emperor of China.