FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Wagener David 		2. Issuer Name and Ticker or Trading Symbol

ORMAT TECHNOLOGIES, INC. [ ORA ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

C/O ORMAT TECHNOLOGIES, INC., 6225 NEIL ROAD 		3. Date of Earliest Transaction (MM/DD/YYYY)

11/4/2011
(Street)

RENO, NV 89511
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option ( Right to Buy)   $19.1   11/4/2011     A      7500       11/4/2012   11/4/2018   Common Stock   7500   $ 0   25000   (1) D    

Explanation of Responses:
( 1)  The total amount of 25,000 represents the following grants: (i) 7,500 stock options granted at exercise price of $29.21 ea exercisable 05/06/2011 to 05/06/2017 (ii)) 400 shares purchased at market on August 11, 2010 at an average price of $27.14 (iii) 200 shares purchased at market on August 25, 2010 at an average price of $26.00 (iv) 7,500 stock options granted at exercise price of $28.19 ea exercisable from 11/04/2011 to 11/04/2017 (v) 800 shares purchased at market on February 25, 2011 at price of $24.37 (vi) 500 shares purchased at market on May 6, 2011 at price of $22.60 (vii) 600 shares purchased at market on August 8, 2011 at price of $16.1(viii) 7,500 stock options granted at exercise price of $19.10 ea exercisable from 11/04/2012 to 11/04/2018.

Remarks:
Etty Rosner is signing on behalf of Mr. Wagener pursuant to a power of attorney dated 02/25/2010 filed as an exhibit hereto.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Wagener David
C/O ORMAT TECHNOLOGIES, INC.
6225 NEIL ROAD
RENO, NV 89511 		X



Signatures
/s/ Etty Rosner 11/7/2011
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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