Disclosed is a solar cell including a semiconductor substrate including a semiconductor material, a tunneling layer disposed over one surface of the semiconductor substrate, a first conductive area and a second conductive area disposed over the tunneling layer and having opposite conductive types, and an electrode including a first electrode electrically connected to the first conductive area and a second electrode electrically connected to the second conductive area. At least one of the first conductive area and the second conductive area is configured as a metal compound layer.