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Ir complex was doped to conjugated polymers, and the photoinduced absorption of triplet excitons in host materials was examined. A greatly enhanced intersystem crossing rate was observed, despite the decrease in triplet exciton lifetime. The authors find that the steady-state triplet exciton population in host polymer would increase by an order of magnitude. Conjugated polymer/colloidal CdSe nanocrystal hybrid solar cells were fabricated and the effect of Ir-complex doping on photovoltaic response was studied. It was found that due to the enhanced singlet-to-triplet conversion, greatly enhanced photovoltaic response of these hybrid organic solar cells was observed. The results suggest that triplet solar cells may be achieved by doping conventional photovoltaic materials with transition-metal complexes.