Thin film and sheet PbS quantum dots (QDs) concentrators were synthesized by sol–gel method using three different PbS concentrations (0.14, 0.2, and 0.4 mol %). The structure and morphology of the prepared PbS QDs were characterized by X-ray diffraction (XRD), Scan electron microscopy (SEM), and Transmission electron microscopy (TEM). The photostability of the PbS QDs concentrators under outdoor exposure to sunlight for 8 weeks was studied. The results showed that the PbS QDs sheet with PbS concentration (0.14 mol %) has the highest luminescence intensity. The sheet PbS QDs concentrator was used to couple with PV solar cell and the corresponding photoelectric conversion efficiency wasmeasured under sun light illumination. I–V characteristics of the photovoltaic devices, both open circuit voltage and short circuit current were improved as compared to the device without collector. This indicates that the proposed technique is very useful for improving the efficiency of solar cell.