We demonstrate that TiO(x) nanocomposite films fabricated using electrostatic layer-by-layer (LbL) assembly improve the power conversion efficiency of photovoltaic cells compared to conventional TiO(x) films fabricated via the sol-gel process. For this study, titanium precursor/poly(allylamine hydrochloride) (PAH) multilayer films were first deposited onto indium tin oxide-coated glass to produce TiO(x) nanocomposites (TiO(x)NC). The specific effect of the LbL processed TiO(x) on photovoltaic performance was investigated using the planar bilayer TiO(x)NC and highly regioregular poly(3-hexylthiophene) (P3HT) solar cells, and the P3HT/LbL TiO(x)NC solar cells showed a dramatic increase in power efficiency, particularly in terms of the short current density and fill factor. The improved efficiency of this device is mainly due to the difference in the chemical composition of the LbL TiO(x)NC films, including the much higher Ti(3+)/Ti(4+) ratio and the highly reactive facets of crystals as demonstrated by XPS and XRD measurement, thus enhancing the electron transfer between electron donors and acceptors. In addition, the grazing incidence wide-angle X-ray scattering (GIWAXS) study revealed the presence of more highly oriented P3HT stacks parallel to the substrate on the LbL TiO(x)NC film compared to those on the sol-gel TiO(x) films, possibly influencing the hole mobility of P3HT and the energy transfer near and at the interface between the P3HT and TiO(x) layers. The results of this study demonstrate that this approach is a promising one for the design of hybrid solar cells with improved efficiency.