Microalgae is one of the promising biodiesel feedstock with high growth rates compared to those of terrestrial oil crops. Despite its numerous advantages, biodiesel production from microalgae needs to reduce energy demand and material costs further to go to commercialization. During solvent extraction of microalgal lipids, lipid-extracted algae (LEA) cell residue is generated as an organic solid waste, about 80-85% of original algal biomass, and requires an appropriate recycling or economic disposal. The resulting LEA still contains significant amount of carbohydrates, proteins, N, P, and other micronutrients. This review will focus on recent advancement in the utilization of LEA as: (i) utilization as nutrients or carbon sources for microalgae and other organisms, (ii) anaerobic digestion to produce biogas or co-fermentation to produce CH₄ and H₂, and (iii) conversion to other forms of biofuel through thermochemical degradation processes. Possible mutual benefits in the integration of microalgae cultivation-biodiesel production-resulting LEA with anaerobic digestion and thermochemical conversion are also discussed.