The report, Realising the Potential of Customer-Sited Solar, states that there is a need for careful policy design to unlock the full potential of the market.
With the right regulation and tariff design in place, the rooftop solar market has the ability to exceed 2,000GW and enable the deployment of 1,000 GWh of energy storage by 2050.
The market has the ability to power 167 million households and 23 million businesses across the globe if fully optimised, according to the study.