This chemical is widely used as a photosensitizer in dye-sensitized solar cells (DSSCs) due to its ability to absorb visible light and efficiently transfer electrons. It plays a crucial role in converting solar energy into electrical energy, enhancing the overall efficiency of the cells. Additionally, it is employed in photochemical studies and catalysis, particularly in light-driven reactions, owing to its strong redox properties and stability under illumination. Its luminescent characteristics also make it valuable in optical sensors and as a probe in biological imaging applications.