The giant power conversion efficiency is achieved by using bifunction ZrO2:Er3+ /Yb3+assisted co‐sensitised dye sensitized solar cells. The evolution of crystalline structure, its microstructure is examined through X‐ray diffraction, scanning electron microscopy studies. The bi‐functional behaviour of ZrO2:Er3+/Yb3+ as upconversion, light scattering is confirmed by emission and diffused reflectance studies. The bi‐function ZrO2:Er3+/Yb3+ (pH=3) assisted photoanode is co‐sensitized by use of N719 dye, squaraine SPSQ2 dye and is sandwiched with Platinum based counter electrode. The fabricated DSSC exhibited a giant power conversion efficiency of 12.35% with VOC of 0.71 V, JSC of 27.06 mA/cm2, FF of 0.63. The results, which motivated the development of a small DSSC module, gave 6.21% and is used to drive a tiny electronic motor in indoor and outdoor lighting conditions. Small‐area DSSCs connected in series have found that a VOC of 4.52 V is sufficient to power up Internet of Things (IoT) devices.