Copper nanowire (CuNW)-network film is a promising alternative to the conventional indium tin oxide (ITO) as a transparent conductor. However, thermal instability and the ease of oxidation hinder the practical applications of CuNW films. We present oxidation-resistive CuNW-based composite electrodes that are highly transparent, conductive and flexible. Lactic acid treatment effectively removes both the organic capping molecule and the surface oxide/hydroxide from the CuNWs, allowing direct contact between the nanowires. This chemical approach enables the fabrication of transparent electrodes with excellent properties (19.8 X sq À1 and 88.7% at 550 nm) at room temperature without any atmospheric control. Furthermore, the embedded structure of CuNWs with Al-doped ZnO (AZO) dramatically improves the thermal stability and oxidation resistance of CuNWs. These AZO/CuNW/AZO composite electrodes exhibit high transparency (83.9% at 550 nm) and low sheet resistance (35.9 X sq À1 ), maintaining these properties even with a bending number of 1280 under a bending radius of 2.5 mm. When implemented in a Cu(In 1 Àx ,Gax)(S,Se) 2 thin-film solar cell, this composite electrode demonstrated substantial potential as a low-cost (Ag-, In-free), high performance transparent electrode, comparable to a conventional sputtered ITO-based solar cell. NPG Asia Materials (2014) 6, e105; doi:10.1038/am.2014.36; published online 13 June 2014Keywords: chemical reduction treatment; copper nanowire; indium-free transparent electrodes; photovoltaic; thermal oxidation resistance INTRODUCTION Transparent conductive materials are a crucial, basic element in the realization of various optoelectronic devices, such as flat panel displays, touch screens, organic light emitting diodes and thin-film solar cells. 1-3 Indium tin oxide (ITO) has been the most widely explored material, because of its excellent transparency (B90% at 550 nm) and low sheet resistance (B20 O sq À1 ). However, with the rising demand for transparent electrodes, the development of cost-effective alternatives to ITO has been of great importance. The quest for alternative transparent conductors, including conducting polymers, carbon nanotubes, graphenes and nanostructured electrodes, has been a topic of active research for the last decade. 4 Among these materials, metal-nanowire network films are thought to be a substantial candidate. The metallic nanowire film is capable of providing high transparency and conductivity by virtue of its characteristic structure, which consists of a percolated random network of nanowires. [5][6][7][8][9] Unlike the brittle metal oxide skeletonbased ITO, metal-nanowire films are easily applicable to bendable, wearable active devices, because of the inherently flexible nature of metals. A high aspect ratio is a critical factor for high transparency and conductivity, but metal nanowires possessing this quality suffer