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Varvarinskoye Hub Hybrid Power Project (Updated)

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PROJECT ID

1311202501

SECTOR

Energy & Power Generation

PROJECT PHASE

Procurement & Construction

LOCATION

W4WG+74R Varvarinka, Kazakhstan

START DATE

12/31/2025

END DATE

6/30/2026

INVESTMENT VALUE

$ 55 M

Active

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Verified

Last Updated: 23 October 2026

Publication: 23 October 2026

PROJECT DESCRIPTION

The Varvarinskoye Hub Hybrid Power Project is a 62.6 MW integrated energy generation complex being developed to supply electricity to Solidcore Resources' gold and copper mining and processing operations in the Kostanay Region of Kazakhstan. The project combines a 22.6 MWp solar photovoltaic power plant with a 40 MW gas-piston power plant to provide renewable daytime generation and flexible conventional power supply. The solar facility comprises more than 36,000 photovoltaic panels installed across an area exceeding 98,000 m². Its expected annual electricity generation is approximately 28.5 million kWh, enabling the Varvara processing facili... Read more

Involved Companies & Contacts

INVOLVED COMPANIES & CONTACTS

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COMPANY 2 INFO

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Location

Locations shown on the map are for indicative purposes and may vary from actual locations.

Other important details

Kirill Kuznetsov - Head of Investor Relations - ir@solidcore-resources.com


Nurlan Kapenov is the Director of Hi-Teck Qazaqstan LLP, the EPC contractor responsible for the 22.6 MW solar power plant at the Varvarinskoye Hub, and Chairman of the Board of Directors of the Qazaq Green Renewable Energy Association. His leadership of Hi-Teck Qazaqstan is confirmed by Kazakhstan's business registries, including records verified through eGov in September 2026. Qazaq Green also acknowledged his role in delivering the Varvarinskoye Solar Power Plant in December 2025.


Solar Power Plant – 22.6 MWp: Operational - Construction completed: 12 December 2025.


Gas-Piston Power Plant – 40 MW: Under Construction

According to Solidcore's latest identified project-specific construction update, published on 31 July 2026:

  • Main equipment deliveries were completed.

  • Fabrication of structural steel frameworks for the planned buildings was completed.

  • Construction works were continuing.

  • Commissioning remained scheduled for the end of 2026.

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