AEHI's CEO Meets Vice Minister of China's National Energy Administration, Who Supports Strategic Partnerships for Nuclear Power Projects
BOISE, ID -- (Marketwire) -- 07/22/09 -- 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.