Exhibit 31.1

SECTION 302 CERTIFICATION PURSUANT TO SARBANES-OXLEY ACT OF 2002
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         I, Alfred M. Schiffrin, President, Chief Executive Officer and Chief
Financial Officer of Renewable Assets, Inc. hereby certify that:

1.   I have reviewed this Annual Report on Form 10-KSB of Renewable Assets,
     Inc.;

2.   Based on my knowledge, this Annual Report does not contain any untrue
     statement of a material fact or omit to state a material fact necessary to
     make the statements made, in light of the circumstances under which such
     statements were made, not misleading with respect to the period covered by
     this Annual Report;

3.   Based on my knowledge, the financial statements, and other financial
     information included in this Annual Report, fairly present in all material
     respects the financial condition, results of operations and cash flows of
     the Registrant as of, and for, the periods presented in this Annual Report;

4.   I am responsible for establishing and maintaining disclosure controls and
     procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the
     Registrant and I have:

     (a) designed such disclosure controls and procedures to ensure that
         material information relating to the Registrant, including its
         consolidated subsidiaries, is made known to me by others within those
         entities, particularly during the period in which this Annual Report is
         being prepared;

     (b) evaluated the effectiveness of the Registrant's disclosure controls and
         procedures as of a date within 90 days prior to the filing date of this
         Annual Report (the "Evaluation Date"); and

     (c) presented in this Annual Report my conclusions about the effectiveness
         of the disclosure controls and procedures based on our evaluation as of
         the Evaluation Date;

5.   I have disclosed, based on my most recent evaluation, to the Registrant's
     auditors and to the audit committee of Registrant's board of directors (or
     persons performing the equivalent function):

     (a) all significant deficiencies in the design or operation of internal
         controls which could adversely affect the Registrant's ability to
         record, process, summarize and report financial data and have
         identified for the Registrant's auditors any material weaknesses in
         internal controls; and

     (b) any fraud, whether or not material, that involves management or other
         employees who have a significant role in the Registrant's internal
         controls; and

6.   I have indicated in this Annual Report whether or not there were
     significant changes in internal controls or in other factors that could
     significantly affect internal controls subsequent to the date of our most
     recent evaluation, including any corrective actions with regard to
     significant deficiencies and material weaknesses.


Dated: July 12, 2005                   By: /s/ ALFRED M. SCHIFFRIN
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                                           Alfred M. Schiffrin, President,
                                           Chief Executive Officer and
                                           Chief Financial Officer