IntroductionThe photoactive layer of polymer solar cell s ( PSC s) is constituted of continuous and interpenetrating polymer donor and small -molecule or polymer acceptors. This structure is able to maximally increase the area of interface between the donor and acceptor, and thus improve the charge separation effi ciency. Conjugated polymers can be classifi ed as either electron donors ( p -type) or electron acceptors ( ntype), according to their differences in transporting holes or electrons in the cell. Among the semiconducting polymer materials, the p -type materials have attracted more attention, and are generally mixed with [6,6] -phenyl -C 61 or C 71 -butyric acid methyl ester ( PC 61 BM or PC 71 BM) to construct the photoactive layer of bulk heterojunction ( BHJ ) solar cells. Currently, the highest reported power conversion effi ciency ( PCE ) of polymer solar cells is 8.37% [1] . The n -type materials develop relatively slowly, and are frequently mixed with classic donor materials such as polyphenylenevinylene ( PPV ) derivatives, poly(3 -hexylthiophene) ( P3HT ), or other p -type materials, to construct all -polymer solar cells. To date, the highest PCE of these material is less than 3%.The basic requirements for an ideal donor or acceptor polymer material include: (i) good solubility and fi lm -forming properties; (ii) strong and broad bandwidth absorption; (iii) high hole or electron mobilities; (iv) suitable HOMO/LUMO energy levels; and (v) a high purity and molecular weight [2] . The aim of this chapter is to discuss the research and development of polymer solar cells fabricated from conjugated polymer donors and fullerene acceptors or conjugated polymer acceptors.