Solar photovoltaic (PV) cell manufacturers produced a record 10,700 megawatts of PV cells globally in 2009—an impressive 51-percent increase from the year before. While growth in 2009 slowed from the remarkable 89-percent expansion in 2008, it continued the rapid rise of an industry that first reached 1,000 megawatts of production in 2004. By the end of 2009, nearly 23,000 megawatts of PV had been installed worldwide, enough to power 4.6 million U.S. homes. Solar PV, the world's fastest-growing power technology, now generates electricity in more than 100 countries.