FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Angel Isaac

2. Date of Event Requiring Statement (MM/DD/YYYY)
4/1/2014 

3. Issuer Name and Ticker or Trading Symbol

ORMAT TECHNOLOGIES, INC. [ORA]

(Last)        (First)        (Middle)

C/O ORMAT TECHNOLOGIES, INC., 6225 NEIL ROAD

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
CEO Appointee /

(Street)

RENO, NV 89511       

(City)              (State)              (Zip)
5. 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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy)   3/31/2021   9/30/2021   Common Stock   100000   (1) $29.5200   D    
Stock Option (Right to Buy)   3/31/2016   3/31/2020   Common Stock   300000   (2) $29.5200   D    

Explanation of Responses:
( 1)  All of the options granted will become fully vested seven years following the date of the grant. This vesting schedule is subject to accelration in certain circumstances upon a change of control.
( 2)  The options will vest in four equal installments, commencing March 31, 2016. The options expire six years from the date of grant. The options will become void if the proposed amendment of Section 15(a) of the Ormat Technolgies, Inc. 2012 Incentive Compensation Plan submitted to the stockholders of the Company for thier approval at the 2014 Annual Meeting of Stockholders, scheduled to be held May 8, 2014, is not approved by the Company's stockholders by May 31, 2014. This vesting schedule is subject to accelaration in certain circumstances upn a change of control.

Remarks:
Etty Rosner is signing on behalf of Mr. Angel pursuant to a power of attorney dated March 4, 2014, filed as an exhibit hereto.

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


CEO Appointee

Signatures
/s/ Etty Rosner 4/3/2014
** 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 5(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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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