Integration of solar‐energy harvesting and storage functions has attracted significant research attention, as it holds promise for ultimate development of light‐chargeable devices. In this context, a functional nanocomposite anode that not only permits electrochemical energy storage through Li‐ion photo‐intercalation, but also exhibits potential for photoelectrochromic applications, was investigated. The nanocomposite is made of the Li‐ion intercalation compound WO3, thinly coated with TiO2 and sensitized by the photoactive semiconductor CdS. During light exposure, the photoelectrons from CdS are transported to the WO3/electrolyte interface, where Li‐ion intercalation takes place. Photoelectron transport is facilitated by the interfacial TiO2 layer. The WO3 was shown to be functional in multiple photocharge–discharge cycles, but the CdS suffers from degradation and photocorrosion. Hence, the selection of compatible semiconductors and protective coating strategies should be pursued to overcome these issues.