Single-junction organic solar cells have reached a power conversion efficiency of 20% with narrow bandgap non-fullerene electron acceptor materials such as Y6, as well as with large band gap electron donor materials and their derivatives. The power conversion efficiency improvement of single-junction organic solar cells is a result of highly efficient light harvesting in the near-infrared light range and reduced energy losses with the most promising active layer layout currently available, Bulk-Heterojunction. Ternary blending is known to be the most advanced strategy to construct Bulk-Heterojunction structures in organic solar cells at present. In this review, we examine different devices based on Bulk-Heterojunction structures with efficient electron donors and acceptors. Then, we review the performance of binary and ternary organic solar cells with high power conversion efficiency, in conjunction with different anode and cathode interfaces used in recent studies of high-power conversion efficiency. Finally, we present perspectives on the future development of single-junction organic solar cells.