Microalgae are biological sources with an extensive range of biotechnological applications, e.g., for bioremediation of industrial and municipal wastes. Microalgae are used to monitor environmental toxicants like pesticides, heavy metals, and pharmaceuticals and in the final stage of wastewater treatment when organic pollution should be removed. CO 2 capturing is also important due to the environmental issues. Macro/microalgae cultures, depending on their growth stages and life cycles, have great poten-tial for CO 2 fixation. They are a dominant group of microorganisms for biological treatments with regards to their substantial biosorption ability to deactivate toxic heavy metals. Actual carbon biofixation can be employed in the direction of environmental sustainability and economic facility. Besides, algae are sustainable feedstock to produce a wide range of biofuels by applying thermochemical or biological conversion methods.