NOVELTY - Lipid product (I) formed by the process of lysing one or more microalgal cells, where the lysis results in an extraction of one or more algal lipids, is claimed, where the extraction step comprises cultivating a hydrocarbon or a lipid-producing microalgae in a growth media, exposing the microalgae to low energy soundwaves in a sonicating device to produce a homogenous algal slurry, extracting the lipids from the algal slurry by a chemical treatment, exposing the homogeneous algal slurry to low energy soundwaves in sonicating device to break oil/water emulsion, and extracting of algal lipids.    USE - The lipid product is useful for production of a renewable fuel or a biofuel from one or more microalgae (claimed), and production of reaction products of esterification and/or transesterification reactions including fatty acid alkyl esters.    ADVANTAGE - (I) is substantially free of sulfur, biodegradable and nontoxic.    DETAILED DESCRIPTION - Lipid product (I) formed by the process of lysing one or more microalgal cells, where the lysis results in an extraction of one or more algal lipids, is claimed, where the extraction step comprises: cultivating a hydrocarbon or a lipid-producing microalgae in a growth media, where the cultivation is carried out under one or more growth conditions comprising sunlight, nutrients, water and carbon dioxide; exposing the microalgae to low energy soundwaves in a sonicating device to produce a homogenous algal slurry comprising broken algal cells, algal lipids and the growth media, where the homogeneous algal slurry comprises a lipid/oil top layer, a green layer comprising lysed microalgal cells and a clear water layer; extracting the algal lipids from the algal slurry by a chemical treatment, where the chemical treatment includes addition of heat, acid and chemicals to break an oil/water emulsion; exposing the homogeneous algal slurry to low energy soundwaves in the sonicating device to break the oil/water emulsion, where the exposure of the homogeneous algal slurry to low energy soundwaves is an optional treatment step; and extracting the algal lipids. An INDEPENDENT CLAIM is included for a system comprising: one or more microalgal growth reservoirs; one or more microalgal homogenizers connected to the reservoirs, where the homogenizers comprise an apparatus that creates a homogenous slurry comprising broken microalgal cells, growth media and algal lipids by breaking the microalgal cells using low energy soundwaves to produce the homogeneous algal slurry; one or more algal lipid extraction vessels connected to the homogenizers, where the algal lipids are extracted by the chemical treatment, one or more converters connected to the extracted algal lipid vessel, where the algal lipids are converted into the renewable fuel or the biofuel.