A novel asymmetrical zinc(II) phthalocyanine-BODIPY conjugate (ZnPc-BODIPY) bearing three iodine groups directly substituted to the macrocycle and one BODIPY connected to the macrocycle with an amide bond was synthesized by the reaction of carboxylic-acid-substituted asymmetrical zinc(II) phthalocyanine (ZnPc) with the BODIPY-derivative-bearing amino group (BODIPY-NH2). This conjugate was fully characterized by spectroscopic methods (FT-IR, UV-vis, H-1 NMR, B-11 NMR, F-19 NMR and mass) and elemental analysis. The fluorescence behavior of ZnPc-BODIPY was studied to determine the energy transfer process. Voltammetry measurements (CV and SWV) were performed to specify the HOMO-LUMO energy levels and band gaps of ZnPc-BODIPY and starting compounds (ZnPc and BODIPY-NH2) for comparison. In addition, the band gaps of these compounds were also determined by UV-vis absorption onset (lambda(onset)) and theoretical calculations. Bulk heterojunction solar cells containing ZnPc-BODIPY were fabricated in the structure of ITO/ PEDOT:PSS/ZnPc-BODIPY:PCBM/Al. The photovoltaic parameters of the solar cell were obtained and the ZnPc-BODIPY conjugate was found to bring spectral contribution to IPCE at a peak of 510 nm.