The essential role of the dark equilibrium potential is discussed for charge separation and the photovoltaic functioning of the title cell. A quantitative model is presented for the potential distribution in the sponge-type title cell. The unique screening process for the photogenerated electrons is discussed that facilitates their extremely long lifetime since the screening ions cannot function as recombination centers. A general analogy is pointed out for the photovoltaic functioning of the sponge-type electrochemical solar cell and of a conventional single-crystal solid-state solar cell.