Photoinduced electron-transfer processes between phthalocyanines ( H2Pc and ZnPc ) as electron donors and perylene derivatives as electron acceptors have been studied using a time-resolved, nanosecond transient absorption method in benzonitrile. The observed findings show that intermolecular electron transfer takes place via the excited triplet states of ZnPc and H2Pc , as confirmed by the characteristic transient absorption bands in the near-IR region. The visible light excitation of the mixtures of H2Pc and the perylene derivatives adsorbed onto TiO2gave a relatively high photovoltaic efficiency.