design and device configuration innovation, the power conversion efficiencies (PCEs) of OPVs have been boosted rapidly in the recent few years. [6][7][8][9][10][11][12][13][14][15][16][17][18][19][20][21][22][23] Currently, the most advanced OPVs are based on Y-series non-fullerene acceptors (NFAs), for which a series of molecular structure optimizations, including alkyl chain tuning, [24,25] asymmetric terminals, [12,[26][27][28] and heteroatom exchanging, [29,30] are explored, and various ternary or tandem devices are also developed to advance the PCEs to exceed 19% for single-junction devices and 20% for tandem devices, [31][32][33][34][35][36] thus speeding up the progress for the industrialization of OPVs. [37] For OPV devices, the whole working process for photon-to-electron conversion includes five steps: 1) exciton generation after light absorption; 2) exciton diffusion to donor/acceptor (D/A) interfaces; 3) exciton dissociation into free charges; 4) free charge transport to buffer layers; 5) charge collection by the electrodes. [38] Among them, the intermediate three steps, which all face the big issue of charge recombination, mainly govern the achievement of high efficiencies. [39][40][41] Generally, exciton diffusion is correlated with domain sizes and exciton lifetimes, exciton dissociation is related with interface abundance and driving force, while charge transport is affected by molecular orientation and charge mobility. [42][43][44] And all above mentioned factors point to the same key topic: morphology control, [45] which can be modulated by tuning the photovoltaic material properties, for example, temperature-dependent aggregation for polymer donors, [46,47] dominant face-on orientation of small molecule acceptors, [48,49] or applying post-treatments including thermal annealing, solvent additive, etc. [50][51][52][53] Besides, utilizing ternary blend by introducing a third component is another effective and convenient way to achieve morphology control for higher efficiencies. [54][55][56] The well-refined active layer morphology may be equipped with some of the following features: bi-continuous interpenetrating network, modest domain sizes, defined vertical phase separation, fibril-like form, etc. [35,[57][58][59][60] In device parameters, through morphology control, short-circuit current density (J sc ) and fill factor (FF) can be managed significantly, while the open-circuit voltage (V oc ) is heavily dependent on the energy loss (E loss ). [61] Different from inorganic solar cells, the tightly Coulombic bounded Frenkel excitons in OPVs bring a critical problem that Ternary strategy, adding an additional donor (D) or acceptor (A) into conventional binary D:A blend, has shown great potential in improving photovoltaic performances of organic photovoltaics (OPVs) for practical applications. Herein, this review is presented on how efficient ternary OPVs are realized from the aspects of morphology, energy loss, and working mechanism. As to morphology, the role of third component on the formation of...