Improved efficiency of P3HT:PCBM solar cells by incorporation of silver oxide interfacial layer

In recent years, a substantial amount of research has been focused on identifying suitable interfacial layers in organic light-emitting diodes and organic solar cells which has efficient charge transport properties. In this work, a very thin layer of AgOx is deposited on top of the ITO layer along with PEDOT:PSS and is observed that the solar cells having the AgOx interfacial layer showed a 28% increase in power conversion efficiency in comparison to that of the control cell. The enhancement in efficiency has been ascribed to improvements in fill factor as well as the increase in shunt resistance and decrease in the series resistance of the solar cells. An equivalent circuit model is also provided to understand the changes in the series and shunt resistances in the AgOx modified devices.