This complex is widely utilized in photophysical and electrochemical studies due to its strong luminescent properties. It serves as a key component in light-emitting devices, including organic light-emitting diodes (OLEDs), where its efficient emission in the visible spectrum enhances device performance. Additionally, it is employed as a sensitizer in dye-sensitized solar cells (DSSCs) to improve light absorption and energy conversion efficiency. Its stability and redox properties make it suitable for use in electrochemical sensors and as a probe in biological imaging, aiding in the visualization of cellular processes. The compound is also explored in photocatalysis for driving chemical reactions under light irradiation.