A power line in China that is expected to cost $1.5 billion will be completed earlier than planned, the Global Times reported. The transmission and distribution line will transport wind and solar generated electricity throughout the country.

The main construction work has concluded, making the project three months ahead of schedule, the article stated. The line will increase the power transmission capacity of the northwest region of Xinjiang to 5 million kilowatts, and help alleviate the power shortage in the province of Qinghai.

Final completion is expected in June 2013. Another 800 kilovolt power transmission line running from Xinjiang to central China is also being constructed, the article stated.

The Morning Star reported that electricity production in China increased by nearly 8 percent in November, reaching its highest point this year. Total energy consumption in the country was up 9 percent. Overall, the electricity generation in China is expected to increase 6 percent by the end of the year.

China is looking to increase its renewable energy capacity in the next three years. By 2015, the country hopes to have 21 gigawatts of solar energy online, according to the National Energy Association.

More information on the solar market in China can be found at PennEnergy's research area.