With the rapid growth of population and urbanization, the energy demand is increasing annually. Due to the major problems concerning the rapid depleting nature of the extraction of fossil resources, energy conservation and transition to renewable energy supplies have been a hot topic worldwide. Organic light-emitting diodes and solar cells represent two important techniques to allow the efficient utilization of energy resources in energy-saving devices and exploration of using renewable energy in energy-producing devices. In this chapter, the importance of using organometallic and organic molecules in both areas of research is discussed.