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A power conversion efficiency (PCE) of 16.2% is achieved in PM6:BTP‐4F‐12 based organic photovoltaics (OPVs). On the basis of efficient binary OPVs, a series of ternary OPVs are constructed by incorporating MeIC as the third component. The open circuit voltages (VOCs) of ternary OPVs can be gradually increased along with the incorporation of MeIC, suggesting the formation of an alloy state between BTP‐4F‐12 and MeIC with good compatibility. The energy loss (Eloss) of ternary OPVs can be decreased compared with that of two binary OPVs, contributing to the VOC improvement of ternary OPVs. The short circuit current density (JSC) and fill factor (FF) of ternary OPVs can also be simultaneously enhanced with MeIC content up to 10 wt% in acceptors, leading to 17.4% PCE of the optimized ternary OPVs. The JSC and FF improvement of ternary OPVs is thought to result from the optimized ternary active layers with more efficient photon harvesting, exciton dissociation and charge transport. The 17.4% PCE and 79.2% FF is among the top values of ternary OPVs. This work indicates that a ternary strategy is an emerging method to simultaneously minimize Eloss and optimize photon harvesting as well as improve the morphology of active layers for realizing performance improvement for OPVs. [ABSTRACT FROM AUTHOR]

Abstract: Nonfullerene polymer solar cells (PSCs) are fabricated by using one wide bandgap donor PBDB‐T and one ultranarrow bandgap acceptor IEICO‐4F as the active layers. One medium bandgap donor PTB7‐Th is selected as the third component due to the similar highest occupied molecular orbital level compared to that of PBDB‐T and their complementary absorption spectra. The champion power conversion efficiency (PCE) of PSCs is increased from 10.25% to 11.62% via incorporating 20 wt% PTB7‐Th in donors, with enhanced short‐circuit current (JSC) of 24.14 mA cm−2 and fill factor (FF) of 65.03%. The 11.62% PCE should be the highest value for ternary nonfullerene PSCs. The main contribution of PTB7‐Th can be summarized as the improved photon harvesting and enhanced exciton utilization of PBDB‐T due to the efficient energy transfer from PBDB‐T to PTB7‐Th. Meanwhile, PTB7‐Th can also act as a regulator to adjust PBDB‐T molecular arrangement for optimizing charge transport, resulting in the enhanced FF of ternary PSCs. This experimental result may provide new insight for developing high‐performance ternary nonfullerene PSCs by selecting two well‐compatible donors with different bandgap and one ultranarrow bandgap acceptor. [ABSTRACT FROM AUTHOR]