A review with 156 refs. on interfacial electron transfer reactions in colloidal semiconductor solns. and thin films and their application for solar light energy conversion and photocatalytic water purifn. Some of the topics discussed include; optical and electronic properties of colloidal semiconductor particles, quantum size effects in the photoluminescence of colloidal semiconductors, light-induced charge sepn., dynamics of interfacial charge transfer processes, properties and prepn. of nanocryst. semiconductor electrodes, energetics and operations of the nanoporous solar cell.