To simplify the preparation of cationic liposome/small interfering RNA (siRNA) complexes (siRNA lipoplexes), we previously developed a modified ethanol injection (MEI) method, in which siRNA-containing phosphate-buffered saline was rapidly poured into a small volume of a lipid-ethanol (EtOH) solution. In this study, to optimize the lipid composition and solvents for dissolving lipids and siRNA in the transfection of siRNA lipoplexes prepared using the MEI method, we selected five types of cationic lipids, three types of neutral lipids, and five types of polyethylene glycol (PEG)-lipids and prepared siRNA lipoplexes via the MEI method using a lipid-EtOH solution of cationic lipids, neutral lipids, and PEG-lipids. Regardless of the cationic lipid type, siRNA lipoplexes composed of cationic lipids, 1,2-dioleoyl-sn-glycero-3-phosphoethanolamine, and poly(ethylene glycol) cholesteryl ether showed high gene knockdown efficiency in human breast tumor MCF-7 cells. Regardless of the PEG-lipid type, the size of the siRNA lipoplexes decreased with increasing amounts of PEG-lipid in the lipid-EtOH solution. However, the gene knockdown activity of the siRNA lipoplexes was not abolished via PEGylation when siRNA lipoplexes were PEGylated with PEG-lipids having short lipid anchors. Furthermore, the preparation of siRNA lipoplexes by mixing a lipid-dimethyl sulfoxide solution with a phosphate-buffered saline solution of siRNA increased the size of the siRNA lipoplexes compared with that using a lipid-EtOH solution. However, these lipoplexes showed high gene knockdown efficiency in cells. When prepared by mixing a lipid-EtOH solution with an isotonic glucose or sucrose solution of siRNA, the siRNA lipoplexes tended to reduce gene knockdown efficiency in the cells. These results indicate that the lipid composition and solvents used for dissolving the lipids and siRNA affect the transfection efficiency and size of the siRNA lipoplexes. This study provides information on the optimal preparation of siRNA lipoplexes using the MEI method.