Microalgae biomass is among one of the most promising sustainable raw materials for many industrial sectors especially biodiesel production. Although a great diversity of microalgae species has been described and isolated, few have been used for large-scale cultivation. This review presents a multidisciplinary overview of studies on Tetradesmus obliquusa freshwater microalga suitable for largescale production and emerging environmental applications. It reviews the taxonomic history of T. obliquus and its potential commercial applications, including cultivations techniques and environmental parameters, production systems, harvesting and drying of biomass, and its biochemical composition. In addition, a model refinery for T. obliquus is proposed that combines the main productive bioprocesses. Finally, a bibliometric analysis is presented and opportunities for future research with T. obliquus are identified.