In this article various novel synthesized dyads and triad systems containing organic based electron donor and acceptor compounds linked together by flexible and rigid spacers have been described which undergo very fast (~ps) charge separation reactions and relatively slow energy destructive charge recombination. Various techniques have been discussed to enhance the survival duration of the charge-separated products, resulted from photoinduced electron transfer reactions, by retarding the energy wasting charge recombination process. It has been hinted that these systems should form the basis of future artificial photosynthetic and solar energy conversion devices.