AbstractTuning charge transport properties using silver‐cobalt bimetallic nanoparticles is investigated to enhance the photo‐current collection in polymer solar cells. The silver‐cobalt nanoparticles were not only augmenting the charge transport processes but also expected to trap light by way of reflection. The polymers blend consisting of poly‐(3‐hexylthiophene) (P3HT):[6,6]‐phenyl C61 butyric acid methyl ester (PC61BM) is used in the fabrication of polymer solar cells. The experimental results indicated that the solar cells' performance depended on the concentration of Ag/Co in the hole transport layer (HTL). Nevertheless, the high‐power conversion efficiency value of up to 4.21% was observed, at the concentration of 0.1% by weight, which is much higher than pristine solar cells due to improved measured photocurrents from the devices. This is a significant improvement in PCE by 66.4% compared to the undoped transport medium. Ag/Co nanocomposite is found to be more stable under ambient laboratory conditions.