In this study, we focus on transparent electrodes for organic solar cells prepared from aqueous solutions consisting of single wall carbon nanotubes (SWCNTs) and a copper-phthalocyanine derivative (TSCuPc). We first investigated their electrical conductivity and optical properties. The high solubility level of the TSCuPc/SWCNTs enables the production of stable inks with high conductivity which allows obtaining flexible photovoltaic devices based TSCuPc/SWCNTs films with good performances. A power conversion efficiency of 3.2% was achieved in a device with a blend of poly (3-hexylthiophene-2,5-diyl): phenyl-C61-butyric acid methyl ester (P3HT:PCBM) as the active layer with a TSCuPc/SWCNTs sprayed electrode on a polyethylene terephthalate (PET) substrate. TSCuPc and TSCuPc/SWCNTs were also employed as the electron transport layer (ETL) and the interconnecting layer (ICL) in an inverted tandem organic solar cell based on front P3HT-ICBA and back [70] PCBM-PCDTBT active layers, achieving an efficiency of 7.40%.