Organic solar cells (OSCs) based on polymers and small molecules have seen a tremendous increase in interest during the past few years. Signifi cant progress in this fi eld seeded the prospect for a cost-effective and easy-to-fabricate photovoltaic technology-typical advantages claimed for organic (opto-)electronic devices. Very recently, certifi ed cell effi ciencies in excess of 7% have been reported for polymer based cells. [ 1 ] For large-scale and high-throughput production of OSCs, liquid processing of the functional layers is desirable. Aside from the active organic layers, inter-layers are typically required to facilitate the extraction of the photo-generated charges. Specifi cally, on the anode side, polyethylene dioxythiophene:polystyrenesulfonate (PEDOT:PSS) is regularly used. [ 2 ] However, PEDOT:PSS is burdened with structural and electrical inhomogeneity [ 3,4 ] and has been demonstrated to be an origin of limited device lifetime. [ 5 ] Particularly, the aqueous PEDOT:PSS dispersion and the acidic nature can cause substantial degradation. [6,7 ] Very recently, transition metal-oxides (TMOs) such as molybdenum-, vanadium-, or tungsten-oxide (MoO 3 , V 2 O 5 , and WO 3 ) with high work functions (WFs) of up to 6.9 eV have been shown to be promising alternatives to PEDOT:PSS. [8][9][10][11] TMOs have also been used as constituents of the connecting architecture in stacked organic light-emitting diodes and organic tandem solar cells. [12][13][14][15] The unique energetics of these TMOs has so far been predominantly accessible for fi lms thermally evaporated in high-vacuum.The fi rst results for TMO layers obtained by solution processing from nano-particle (NP) dispersions have been reported only very recently. [ 16,17 ] Meyer et al. prepared MoO 3 layers by dispersing MoO 3 NPs using a polymer as dispersing agent. After deposition, the layers had to be treated by an oxygen plasma to remove the polymer. A high WF of the resulting layers of 5.7-6 eV was obtained. A substantial drawback of the approach, however, is the observation of larger NP aggregates with a size of 100 nm and an overall high roughness of 25 nm (rms). Owing to their roughness these NP-layers are critical sources of shorts, especially over a large device area.In contrast, TMO layers (WO 3 , V 2 O 5 and MoO 3 ) have been prepared by sol-gel deposition, predominantly for electrochromic, catalytic and sensing applications. [18][19][20][21] Post processing of the sol-gel TMO layers at high temperatures (300 ° C-600 ° C) is routinely applied in order to achieve specifi c microstructures or crystalline phases in the materials, as required by the particular application. These high processing temperatures are not compatible with the temperature-sensitive substrates (e.g. poly mer foils) envisaged for low-cost, high-throughput fabrication of organic solar cells. In spite of this limitation, Steirer et al. have very recently used NiO prepared via a sol-gel route as a replacement for PEDOT:PSS in an organic solar cell. [ 22 ] The requirement of pos...