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Alternate Energy Holdings, Inc. : AEHI's CEO Meets Vice Minister of China's National Energy Administration, Who Supports Strate

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^{Published in Business and Finance on Wednesday, July 22nd 2009 at 6:27 GMT, Last Modified on 2009-07-22 06:27:32 by Market Wire}  

BOISE, ID--(Marketwire - July 22, 2009) - Alternate Energy Holdings, Inc. (PINKSHEETS: [ AEHI ]): 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.

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 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.

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.