Over the past seven decades, microalgae have garnered attention as promising candidates for industrial exploitation in food and biofuels due to their high productivity, versatility in growing in fresh and seawater, and independence from fertile land1. Harnessing their potential for producing proteins, hydrocarbons, and fatty acids holds promising prospects for various industries. However, to ensure economic viability, optimization in solar energy conversion, carbon capture, and metabolic flux partitioning is imperative2-3. Our analyses showed that solar to lipid conversion is still one of the major causes of the high costs of bulk lipid production4-5. So, how do we optimize this process? Here we report some considerations and some strategies that we perform, aimed at increasing the lipid productivities, by taking advantage of the natural genetic variability, by inducing mutations in a parental population, by targeted genetic engineering5,6. Our recent research focuses on genetically domesticating robust, oleaginous marine microalgae, particularly Nannochloropsis oceanica, known for its high triacylglycerides (TAGs) and omega-3 eicosapentaenoic acid (EPA) content. Strategies such as genetic engineering, induced mutations, and leveraging natural genetic variability are being employed to enhance lipid productivities3,7. This talk provides insights on the developed cutting-edge tools like CRISPR-Cas systems for precise gene editing and the exceptional high-gene expression system based on RNA polymerase I activity8-10. Additionally, we will discuss successful applications of high-throughput screening techniques to identify and select new mutant lines with increased lipid phenotype11-14. Moreover, we discuss the targeted genetic engineering efforts to tailor the lipid composition of N. oceanica for specific applications, such as replacing tropical oils and incorporating novel lipid classes like medium-chain fatty acids15. Overall, this forward-thinking approach underscores the significant role microalgae could play in sustainable industrial applications. are innovative strategies that could significantly impact various industries.