Modern society faces two major challenges: removing pollutants from water and producing energy from renewable sources. To do this, science proposes innovative, low-cost, and environmentally friendly methods. The heterogeneous photocatalysis process fits perfectly in this scenario. In fact, with photocatalysis, it is possible both to mineralize contaminants that are not easily biodegradable and to produce hydrogen from the water splitting reaction or from the conversion of organic substances present in water. However, the main challenge in the field of heterogeneous photocatalysis is to produce low-cost and efficient photocatalysts active under visible light or sunlight. The objective of this review is to compare the new proposals for the synthesis of innovative photocatalysts that reflect the requirements of green chemistry, applied both in the removal of organic contaminants and in hydrogen production. From this comparison, we want to bring out the strengths and weaknesses of the proposals in the literature, but above all, new ideas to improve the efficiency of heterogeneous photocatalysis guaranteeing the principles of environmental and economic sustainability.