Alternative Energy Development Corp., a development stage company, engages in the design, development, manufacture, marketing, and distribution of after-market fuel conservation technologies. The company’s product includes e3 Fuel Saver 7000, a fuel saving device that uses combustion to minimize a vehicles consumption of fuel. It intends to market its fuel conservation technology to consumers, business, and government agencies. The company was formerly known as Terrasol Holdings Ltd. and changed its name to Alternative Energy Development Corp. in 2009. Alternative Energy Development Corp. was founded in 2008 and is based in Glendale, Arizona.