Portocolom AV | Spanish railway company Talgo is working on an innovative hydrogen train with the aim of replacing diesel-powered locomotives by 2023. With these new engines the company would replace diesel-powered ones in commuter trains and medium-distance trains, and thus take a step further on the way to climate neutrality, which Spain aims to achieve in 2050. The railway company is developing at its Rivabellosa plant in Alava the first units that will be powered by green hydrogen fuel cells supplied by Repsol. The two companies have recently signed an alliance to develop machines powered by this energy.
Danish state railways company DSB confirmed it has chosen Talgo to supply eight standard coach formations as a result of an international competitive tendering process. The train is an iteration of the Talgo 230 conventional intercity platform, the same already chosen by the rail transport giant Deutsche Bahn only some months ago.
Talgo has set up the company Motion Rail to break into the high-speed and long distance rail market when Spain’s rail transport sector is liberalised and opens up to competition in Europe. This is expected to happen end-2020.
Alfonso de Gregorio (Gesconsult) | Talgo is a value investment. Its stock price its attractive and it has huge possibilities of winning new contracts which would really boost the company’s valuation. Amongst the risks facing the company, there is the scarcity of contracts in the period 2015-2016, which has generated a certain lack of confidence in the company’s ability to win new contracts.
Talgo has been the big railway company protected by all Spain’s governments. So it’s no suprise that Talgo’s Avril – with its own traction power – has just beaten Alstom and Siemens and won the contract to build 15-high speed AVE trains for state-owned Renfe. The German company hardly even flinched, but the French had their doubts about how the calculations were made and have asked for clarification.
Spanish engineering company Talgo declared yesterday that it was the “virtual winner” of an order from Renfe (the state-owned passenger and freight rail transport operator) after presenting the best technical and economic bid.
MADRID | State-of-the-art wide-body railcars supplied by Talgo will reach 200km/h. and have been specially designed for extreme climatic conditions (-50ºC), among other specific requirements by Kazakhstan.