"New Fangled IGBT Cascades?"
You mean where the 25kV DC Comes in, is immediatly put through a Thyristor phase locked loop rectifer, goes to a semi-balanced DC supply, then goes through a high frequency PSC ZVS Full Bridge DC-DC Converter to step up, or possibly direct to a motor controller, (theres a fair few that take inputs kicking around the 35kV DC (25kVAC Rectified with a sodding big smoothing capacitor) mark, although there's a lot more that sit around the 33kVAC, 11kVAC and 400VAC (3phase) marks.
Although most kit will step down from this 35kV DC, wither using a Phase Shift Controlled Zero Voltage Switching Full Bridge DC-DC Convertor, that can actually (if it's well controlled) take the place of a smoothing capacitor if it's phase controlled quickly and properly enough, although some smoothing is still needed, so say that then steps it down to 3kV DC (I know some things use this voltage) we're starting to build up some nice tunes with the Thyristors and IGBTs already, not to mention the UHF Transformer in the middle of the PSC ZVS FB DC-DC, then you've got the 3phase invertors for the motor drive circuits, they always make fun noises, sually IGBT based nowerdays so you don't get the whine of the old Thyristors on networkers, but a nice shreak at higher frequencies. (The thyristors whine when the're turned off thanks to how you need to turn one off, isn't easy).
But power electronic based transformers and control systems have one very major advantage over wound devices and tap changers (used all the way up until the mid 80s!) size and weight, (and EM interference, although that comes back again later). So one can have insanely powerful traction motors, run by an insanly big cascaded IGBT motor controller, running at 3phase 11KV output and oviously, fed from (11 / 3^0.5 * 2^0.5) ~9kV DC (Not ridiculous within a locomotive) and in the world of electrodiesels that could come either from a Synchronous AC Generator (rectified, DC-DCed) or from the OHL, same deal... (Or come from DC Shoes, although it would need stepping up to 9000V from 750V...)
Glossary:
DC: Direct Current
AC: Alternating Current (1phase unless specified otherwise)
IGBT: Insulated Gate Bipolar Transistor
GTO: Gate Turn Off
PSC: Phase Shift Controlled
ZVS: Zero Voltage Switching
FB: Full Bridge
UHF: Ultra High Frequency >25kHz