We present a systematic study of the effects of post-fabrication annealing on the performance of photovoltaic devices that incorporate a photoactive donor–acceptor dispersed heterojunction system. Solar cells have been fabricated based on poly(3-octylthiophene) as donor (D) and single-wall carbon nanotubes as the electron acceptor (A) with a PEDOT:PSS hole transport layer. A post-fabrication annealing treatment was carried out at a temperature range of 40–200 °C. The best results were obtained at 120 °C; at this temperature the cell shows a short circuit current, Isc = 0.5 mA cm−2, an open circuit voltage, Voc = 0.75 V and a fill factor, FF = 0.6, resulting in a power conversion efficiency of η = 0.22% under AM 1.5 (100 mW cm−2) white light illumination. The annealing treatment led to a doubling of the power conversion efficiency. This was attributed to a better charge carrier transport in the polymer matrix and more effective charge separation and collection.

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