Localized surface plasmon resonance (LSPR) of plasmonic nanoparticles and nanostructures has attracted wide attention because the nanoparticles exhibit a strong near-field enhancement through interaction with visible light, enabling subwavelength optics and sensing at the single-molecule level. The extremely fast LSPR decays have raised doubts that such nanoparticles have use in photochemistry and energy storage. Recent studies have demonstrated the capability of such plasmonic systems in producing LSPR-induced hot electrons that are useful in energy conversion and storage when combined with electron-accepting semiconductors. Due to the femtosecond timescale, hot-electron transfer is under intense investigation to promote ongoing applications in photovoltaics and photocatalysis. Concurrently, hot-electron decay results in photothermal responses or plasmonic heating. Importantly, this heating has received renewed interest in photothermal manipulation, despite the developments in optical manipulation using optical forces to move and position nanoparticles and molecules guided by plasmonic nanostructures. To realize plasmonic heating-based manipulation, photothermally generated flows, such as thermophoresis, the Marangoni effect and thermal convection, are exploited. Plasmon-enhanced optical tweezers together with plasmon-induced heating show potential as an ultimate bottom-up method for fabricating nanomaterials. We review recent progress in two fascinating areas: solar energy conversion through interfacial electron transfer in gold-semiconductor composite materials and plasmon-induced nanofabrication.