The EU bank funds will finance Talgo's research, development and innovation for 2021-2024, its digital transformation and other investments.

The SHYNE (Spanish Hydrogen Network) project is the largest multisectoral consortium in Spain, created to promote the decarbonization of the economy through renewable hydrogen.

Talgo S.A., a leading company in the design, manufacture, and maintenance of high-speed light trains, registered a record revenue of 293.3 million euros in the first half of 2021, up by 35% compared to the 216.6 million euros registered in the same period of the previous year

Repsol and Talgo will jointly develop projects to promote the creation of renewable hydrogen-powered trains and promote emission-free rail transport in the Iberian Peninsula. The agreement, signed today at the train manufacturer’s plant in Las Rozas (Madrid) has been signed by Repsol's executive director of Industrial Transformation and Circular Economy, Juan Abascal and the Chairman of Talgo, Carlos Palacio Oriol. In addition, the event was attended by the Chairman of Petronor, Emiliano López Atxurra

The milestone was reached as part of the homologation tests prior to its operation

Renfe has awarded Talgo the manufacture of up to 40 new variable gauge and 330 km/h commercial speed powerheads (locomotives), for a maximum amount of 281.5 million euros, with a contract for 26 powerheads for 195.5 million euros, as the last step in transforming 13 conventional trains into very high-speed trains.

Russian Federal Railways company RZD last week launched a new overnight train service using Talgo intercity trains. The route connects Moscow with the Republic of Karelia and gives direct access and with no stops to Ruskeala, in northwestern Russia.

The Danish operator DSB announced the decision to increase by more than 10% the capacity of the eight Talgo Intercity trains ordered to the manufacturer in February 2020.

The homologation tests are the final step in the manufacturing process of the 30 units.

Talgo announced today the timetable for the manufacture and launch of its hydrogen train, a green, innovative and efficient alternative to replacing diesel engines, which will be ready in 2023.