Book excerpt: In the recent past, many advances have been made in the field of biology and biotechnology of algae, especially microalgae. This book includes chapters on taxonomy, diversity and physiology of blue-green algae as these organisms are most important from biotechnological point of view. Use of algae as biofertilizer, source of natural colours, bioactive compounds, phytochemicals with pharmaceutical and biotechnological applications, food and feed has been discussed. Environmental pollution is the major problem all over the world. The potential of algae in combating water pollution is also highlighted. Depleting fossil fuel is another concern and it is felt that there is a need for alternative renewable resources. Algae as a potential source of biofuel are also discussed in this book