Crop yield strongly depends on time of the onset of flowering as well as of the initiation of senescence. These processes are under tight control of multiple gene complexes. Suboptimal environmental conditions, as well as mutations, may cause changes in the expression levels of these genes, which, in turn, can result in a delay of flowering and/or early senescence, and, ultimately, in a decrease of yield. Recently, crucial role in the regulation of plant development via retrograde signaling pathways has been revealed for chlorophyll b. Chlorophyll b is an obligate component of the photosynthetic apparatus of land plants, and the main regulator of the biosynthesis and degradation of photosynthetic antennae. It is becoming clear that the size and stability of photosynthetic antennae are not only important for photosynthesis but also represents a source of signaling beyond chloroplasts. The absence of chlorophyll b in mutants of Arabidopsis thaliana (ch1) and Hordeum vulgare (chlorina f2 3613) leads to a decrease in the growth rate, leaf size and biomass production. In addition, and independently of the downregulation of photosynthesis, the lack of chlorophyll b results in the delay of flowering and early onset of ontogenetic as well as induced senescence. This review addresses the role of chlorophyll b in energy balance, and discusses new data on the role of chlorophyll b in regulation of ontogenesis not related to photosynthesis. Mutants of economically important crops impaired in chlorophyll b biosynthesis represent promising models for physiological, biochemical and molecular studies of regulation of flowering and senescence, as the results can be directly applied to agricultural practice. Also, we review the novel data on the potential importance of plants with truncated photosynthetic antenna for increase in vegetative and grain biomass production. A decrease in chlorophyll b contents and the following down-regulation of antenna proteins were shown to influence the rate of electron transport within the photosystem II, as well as the rate of CO 2 assimilation relative to chlorophyll unit. Strikingly, these parameters in chlorina mutants are higher than in wild type plants by 15-20 %. Using plants with this type of photosynthetic apparatus can potentially bring about a considerable increase in yield. This suggestion has been recently supported by data on transgenic tobacco plants with truncated photosynthetic antenna (H. Kirst et al. 2017). At the same time, the consequences of the decrease in chlorophyll b levels for ontogenetic regulation and photoprotection typically negate the potential benefit of the acceleration of the limiting factor of photosynthesis, the photosystem II. This review discuss the possible ways to search for optimization of plant functions regulated by chlorophyll b, to provide new mechanisms of the increase in photosynthesis and crop production in agriculture.