Abstract: A dye-sensitised photovoltaic cell is provided, the cell comprising a first, transparent, electrode facing a second electrode, wherein at least one of the first and second electrodes is provided with an electrically-conductive material comprising (A) one or both of nickel and cobalt, and (B) one or more of phosphorous, boron, manganese, iron, tungsten, molybdenum, chromium, tin, zinc and palladium, wherein the total content of (A) the nickel and cobalt in said electrically-conductive material is from 80 to 96 wt % of the electrically-conductive material, and total content of (B) the phosphorous, boron, manganese, iron, tungsten, molybdenum, chromium, tin, zinc and palladium in said electrically-conductive material is from 4 to 20 wt % of the electrically-conductive material.