Polymer, perovskite, and dye‐sensitized solar cells (DSSCs) are promising technologies for next generation low cost photovoltaic cells. Among these, perovskite solar cells are the newest technology and have the highest efficiency, while DSSCs are closest to commercialization with several companies producing the DSSC materials and modules and existing DSSC installations. However, all three types of solar cells share a concern about lifetime and stability. For each type of devices, there are specific concerns and degradation mechanisms, and all of the devices require encapsulation and exhibit varying degrees of sensitivity to moisture, oxygen, elevated temperature and UV illumination depending on the device structure and materials used. We are discussing the stability and lifetime for each type of cells and future outlook of these technologies. (© 2016 WILEY‐VCH Verlag GmbH &Co. KGaA, Weinheim)