MADRID, November 28, 2011 /PRNewswire/ --
- They are jointly involved in research and staff training projects and in creating public-private partnerships for the presentation of R&D projects.
- The main lines of research will focus on energy recovery systems and distributed control systems for electricity substations.
- The Group has longstanding experience in developing railway projects through its engineering division. It is now reinforcing its position in this area.
Isolux Corsán has signed a framework cooperation agreement with the Spanish rail infrastructure company, ADIF (Administración de Infraestructuras Ferroviarias) to work together on research, technology development and innovation at ADIF's rail technology institute in Malaga.
The aim is to cooperate in setting up R&D projects that will help make Spanish companies working in the railway sector more competitive, there by positioning Spanish railway transport on the cutting edge of European and international technology.
Isolux Corsán will roll out the agreement through its engineering department, which has longstanding experience in running engineering, procurement and construction projects (EPC) in the railway sector, and will there by reinforce its position on the domestic and international market.
Main lines of work
The cooperation will include carrying out research projects and programmes, reciprocal advice, training of research and technical staff and the creation of public-private partnerships to present R&D projects for grants and to bid jointly for domestic and international tenders.
A joint committee will be in charge of supervising progress in each area of work and indentifying new projects. The mainlines of research will focus on systems for energy recovery, distributed control systems for electricity substations, multi-voltage electricity substations for continuous and alternate current feed and specific software for applications integrated with the DaVinci platform.
The research work will be done in the facilities of the ADIF railway technology institute in Malaga. This already has two specialist laboratories: one in RBC-train communications and developing data engineering for ERTMS and another specialising in smart transport systems and evolving the DaVinci advanced system for railway traffic. It will also house the supplementary railtrack ring that will be built for testing. This will be on the forefront of research and development into high-speed technologies in the next few years.
About Isolux Corsán
It operates in over 30 countries on four continents. Its main growth drivers are the construction of large transport infrastructure, such as toll roads, railways, air- and sea-ports, hydro-power plants, and residential and non-residential buildings Isolux Corsán manages over 5,200 km of power lines under concession, through its subsidiary Isolux Infrastructure, in India, Brazil and the USA; over 1,600 km of toll roads in Brazil, India, Mexico and Spain; and the annual generation of 250 GWh of clean energy through its 43 photovoltaic power plants with an installed capacity of 175 MW online in Spain, Italy and India, and a further 55 MW under construction in India and Peru. The group also has concession agreements for 21,000 parking spaces. It is a major builder of EPC projects world-wide in the photovoltaic power industry, with over 290 MW under operation in 2010. It ranks high amongst the major companies building EPC power plants, with 1,500 MW currently under construction. It is also involved in industrial processes, with turnkey projects in the oil & gas and biofuel industries. In 2010, the company reported over €3.24 bn in revenues, an EBITDA of €311m and a backlog of €30.18 billion.
SOURCE Grupo Isolux Corsan S.A.