Provided is a transparent solar cell. The transparent solar cell includes a transparent substrate, a selective transparent reflection layer, a first electrode, a photovoltaic conversion layer and a second electrode. The selective transparent reflection layer includes a first surface contacting the transparent substrate, and the second surface facing the first surface. The first electrode, the photovoltaic conversion layer and the second electrode are sequentially stacked on the second surface of the selective transparent reflection layer. The selective transparent reflection layer transmits at least a portion of wavelength of a visible ray and reflects an infrared ray.