Launched at COP 21 by a group of energy, industry, technology and finance visionaries, Terrawatt Initiative is an entrepreneurial effort to answer the tough questions of the energy transition: how can a nascent clean energy system outcompete the existing fossil fuel system at global level? How to outcompete a system which is so deeply embedded in our societies? How is it possible within ten years?Terrawatt Initiative advocates for an open public-private dialogue to reach a new deal and co-construct a new solar market capable of delivering solar power at well below 2 cents per kWh as the foundation of the new energy regime.