The synthesis of Y 2 O 3 : Er 3+ /Yb 3+ /Li + phosphors by simple evaporation technique and it is incorporation into polymethyl methacrylate films by spin coating technique are reported. These phosphors exhibit luminescent properties when they are exited under continuous infrared light of 980 nm wavelength. The luminescence spectra show peaks for the green and red upconversion (UC) emissions and for the near infrared (1.534 μm) downconversion (DC) emission corresponding to inter electronic energy transitions of the Er 3+ ions. The effect of Yb 3+ and Li + co-doping was found to change the light emission intensity up to 470 times in the case of UC emissions; while in the case of DC emission no effect is evident. Powders incorporated in polymeric films show similar emissions with high transparency in the visible (95%T in the Uv-Vis range).Dielectric materials doped with rare earth (RE 3+ ) ions have been intensively studied as a promising candidates to enhance the efficiency of photovoltaic devices. Up to date, large efforts have been realized to improve the performances of solar cells, by incorporating upconverting materials, 1 since they can emit higher energy photons usable for electric conversion in solar cells after the excitation with, the otherwise wasted, infrared range photons. This process is due to the successive absorption of two or more IR photons toward energetic levels which recombine radiatively emitting photons with higher energy. Unlike most lanthanide ions, Er 3+ ion has localized states regularly spaced, which allows for several upconversion emission mechanisms. 2 In particular, the 4 I 11/2 Er 3+ state can be populated by 980 nm laser radiation by either excited state absorption (ESA), a sequential absorption of two IR photons or energy transfer up-conversion (ETU) to an excited Er 3+ neighbor. [2][3][4][5] In addition, UC efficiencies depend on the doping strategy used, for instance, using co-dopants as Yb and Li ions has been reported to increase the UC efficiency on Er doped materials. [3][4][5][6][7][8][9] At present these lanthanide doped UC materials find a big market in the photonics industry as well as for biomedical applications, and for displays and sensors. Nanostructured materials play a relevant role on improving the luminescence efficiency in general 3-9 and as mentioned before, the introduction of upconverting nanoparticles into photovoltaic cells devices is considered as an alternative method to improve their efficiency. 1 On the other hand, the IR 1.534 μm emission from erbium is widely used in optical fibers, waveguides and optical components. 10,11 Nevertheless, the main research in this field is around host compounds like alumina, tellurite glass, lithium niobate and others: however, in these Er-doped materials, the optical gains and luminescence efficiencies are limited by the low doping concentration of Er due to its low solid solubility in most host materials. Yttrium oxide is a common host matrix due to its excellent physical properties, viz. high melting point (2400 • C...