Pt/Pd hollow nanofibers were obtained by sputtering a Pt/Pd alloy (80/20 wt%) onto polymer nanofibers (used as sacrificial template) and were used as counter-electrodes (CEs) in dye-sensitized solar cells (DSSCs). We demonstrate that optimization of nanofiber density and Pt/Pd sputtering thickness can increase the short circuit current density and consequently lead to a similar to 15% enhancement in power conversion efficiency (PCE), when compared to the commonly used flat Pt/Pd CEs with the same thickness. The processes that contribute to such PCE improvement are: (i) increased surface area provided by the high aspect ratio hollow nanofibers and (ii) improved electro-catalytic performance, as validated by electrochemical impedance spectroscopy (EIS) measurements. The latter showed a two-fold decrease in the charge-transfer resistance of the nanostructured-CE, compared to the flat CE. The contribution of the Pt/Pd hollow nanofiber to light scattering was negligible as shown by reflectance measurements. These results suggest a simple and straightforward strategy to increase PCE in DSSCs, to minimize the use of precious metals used in this kind of devices and, more generally, to tailor the CE structure in photoelectrochemical systems to boost their functional properties, thanks to the advantages afforded by this complex morphology. (C) 2016 Elsevier B.V. All rights reserved.