A new triazoloquinoxaline and benzodithiophene based copolymer was synthesized to investigate its electro-chemical, optical and photovoltaic behaviors. According to the polymer design, combination of two acceptor units (benzotriazole and quinoxaline) which contribute imine bonds to the structure and a triazoloquinoxaline unit for enhancing electron accepting ability was pursued. As a result of electrochemical studies, the copolymer PTQBDT has a low lying HOMO energy level as - 5.23 eV which increases the chemical stability of the resulting polymer and leads to a higher V-oc. In addition, the copolymer has an ambipolar character with two well-defined redox couples in the n-doped state and multichromic behavior. In the context of optical studies, PTQBDT has wide absorption range in the visible region with a tail in the NIR region, which yields a low band gap of 1.20 eV. Organic photovoltaic devices were designed using PTQBDT (the electron donor) and PC71BM (the electron acceptor) for the preliminary studies. The resulting device exhibits a power conversion efficiency of 2.0% with a current density of 8.07 mA cm(-2), an open-circuit voltage of 0.45 V, and a fill factor of 55%. The carrier mobility of the PTQBDT was calculated as 3.00 x 10(-3) cm(2) V-1 S-1 via space-charge-limited current (SCLC) method.