Large-scale Cyanobacteria and green algae production has been studied for decades, due to the wide variety of practical and potentially metabolic products that can be obtained such as food supplements, lipids, enzymes, biomass, polymers, toxins, pigments, tertiary wastewater treatment, and green energy products. Cyanobacteria are one of the major components of the potential source of nitrogen fixation and convert it into a bioavailable form of ammonium required for plant growth. These organisms have a unique potential to enhance productivity in a variety of agricultural and ecological situations and they play an important role in building up soil fertility, consequently increasing the yield. Biofertilizers, being essential components of organic farming, play a vital role in maintaining long-term soil fertility and sustainability by fixing atmospheric dinitrogen (N=N), mobilizing fixed macro and micro nutrients, or converting insoluble phosphorus in soil into forms available to plants, thereby increasing their efficiency and availability [1].