Quebec-based Railpower Technologies Corp. (TSX: T.P, Stock Forum) announced the sale of two high performance clean energy RP20CD Eco-Motive locomotives to Union Pacific Monday.

The company says the “EPA Tier II certified, six-axle, 2000hp Ultra Low Emission locomotives” are being ordered immediately after the delivery of four Railpower six-axle locomotives in service at Union Pacific's Roseville, California yard.

"This new order from Union Pacific clearly recognizes our industry-leading high performance advantage. As our product lines evolve, we commit to providing customers with the best options in the industry for reducing costs and emissions and for replacing aging fleets with the highest performance units available in the market," said José Mathieu, president and CEO of Railpower, which develops, markets, produces and sells specialized, environment-friendly technology systems for the transportation and related industries.

On the Railpower Bullboard, before the announcement, SmallCapKing began a discussion on what next year may hold, saying:

…I would like to create a small discussion into what 2009 may look like in regards to potential orders. My thoughts are that once the plant is complete we should start to see an influx of orders. I hold a very large positions in the warrants and the shares and I am a little concerned in regards to the time value decay on the warrants if no orders are received in early 2009 [sic].

ericbischoff75 replied: “I followed this stock for a while and have a position in the warrants. Like yourself i am concenred about the decay on them.
However, there was just some news out on 2 more orders.
I think although this is great, its too little now. Need more orders[sic]…”

Shares of Railpower were up 8% to 40 cents Monday.

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