Novel covalently porphyrin functionalized single-walled carbon nanotubes (SWNTs) were synthesized using carboxylic group functionalized carbon nanotubes (o-SWNTs) with meso-aniline substituted porphyrin. The structure and morphology of this SWNT nanohybrid material were fully characterized with FTIR, Raman, UV-Vis-NIR spectra as well as TGA and TEM measurements. The energy transfer efficiency from porphyrin to SWNTs and porphyrin fluorescence quenching mechanism were studied by means of steady state fluorescence and time-resolved fluorescence measurement. The fast and efficient electron transfer occurring in this nanohybrid illustrates that they can be utilized as a good candidate for light harvesting materials in molecular photonic devices and solar energy utilization.