abstract: The only known examples of nontrivial Ricci solitons which are homogeneous are certain left-invariant metrics on simply connected solvable Lie groups satisfying a condition that is very `algebraic' in nature (called solvsolitons). We will survey in the talk, after some preliminaries on these algebraic solitons and the Ricci flow for homogeneous manifolds (including convergence issues), some advances toward a complete proof of the Generalized Alekseevskii Conjecture: any homogeneous nontrivial Ricci soliton is isometric to a solvsoliton.