EXHIBIT 20.1



                        SUBSCRIPTION AGREEMENT



Renewable Assets, Inc.
7040 W. Palmetto Park Road, Bldg. 4, No. 572
Boca Raton, Florida 33433


Re:	Initial Public Offering ("IPO")


Gentlemen:

	The undersigned subscriber (the "Subscriber") hereby
acknowledges receipt of and has carefully reviewed the Prospectus
(the "Prospectus"), dated March __, 2006, of Renewable Asset, Inc.
(the "Company"), a Delaware corporation.  The Subscriber represents
that the undersigned is a financially sophisticated investor and, as
such, is capable of bearing the economic risks associated with a
purchase
and investment in the speculative securities of the Company, including
total loss.  See, especially, "Risk Factors" in the Prospectus.  The
Subscriber agrees that this subscription is subject to acceptance by
the Company, to availability and to certain other conditions, and any
subscription may be declined in whole or in part by the Company by the
return of the subscription funds without interest or deduction.  The
Investor further agrees that the express terms and conditions of the
Prospectus are included as part of this Agreement including the fact
that this is a "best efforts, no minimum" offering in which subscriber
funds received by the Company will not be escrowed but will be
immediately available to it.

	The undersigned Investor hereby subscribes for ______ Units of
the Company's Common Stock and Class "A" Common Stock Purchase
Warrants at $0.25 per Unit for a total purchase price of $________.
The undersigned has either (i) attached a check payable to the
Company; or (ii) wired funds to the Company.

Please check one of the following:

______	check attached made payable to "Renewable Assets, Inc."; or

______  wire funds to _________________ Bank, _______________________,
        Boca Raton, FL 334__, Routing #_______________, for credit to
        account #_____________________; or







	Please deliver this Subscription Agreement (and check, if
appropriate) to Mr. Alfred M. Schiffrin at the above indicated
address.



___________________________             _____________________________
Signature of Investor                   Signature of Investor (if
joint name)

___________________________             _____________________________
Print or Type Name                      Print or Type Name

___________________________             _____________________________
Street Address                          Street Address

___________________________         	_____________________________
City, State, Zip                        City, State, Zip

___________________________         	_____________________________
SSN/Federal Tax I.D. Number             SSN/Federal Tax I.D.Number




AGREED AND ACCEPTED:

Renewable Assets, Inc.



By: _________________________
       Alfred M. Schiffrin
       President, CEO