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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Sullivan Bob
2. Date of Event Requiring Statement (Month/Day/Year)
01/11/2015
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)
EVP Sales Marketing BD
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

RENO, NV 89511
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
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)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
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) 04/09/2008 04/09/2016 Common Stock 1,900 (1) $ 34.13 D  
Stock Option ( Right to Buy) 04/08/2010 04/08/2015 Common Stock 7,500 (1) $ 45.78 D  
Stock Appreciation Right 03/19/2011 03/19/2016 Common Stock 9,000 (2) $ 26.84 D  
Stock Appreciation Right 04/16/2012 04/16/2017 Common Stock 12,500 (2) $ 29.95 D  
Stock Appreciation Right 03/31/2013 03/31/2018 Common Stock 12,500 (3) $ 25.65 D  
Stock Appreciation Right 04/02/2014 04/02/2019 Common Stock 15,000 (4) $ 20.13 D  
Stock Appreciation Right 06/04/2015 06/04/2019 Common Stock 40,000 (5) $ 23.34 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Sullivan Bob
C/O ORMAT TECHNOLOGIES, INC.
6225 NEIL ROAD
RENO, NV 89511
      EVP Sales Marketing BD  

Signatures

/s/ Etty Rosner 01/21/2015
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) All of the stock options are fully vested and exercisable.
(2) All of the stock appreciation rights are fully vested and exercisable.
(3) Stock appreciation rights to purchase 3,125 shares of common stock vested and became fully exercisable on March 31, 2013, stock appreciation rights to purchase 3,125 shares of common stock vested and became fully exercisable on March 31, 2014, and stock appreciation rights to purchase 6,250 shares of common stock will vest and become fully exercisable on March 31, 2015.
(4) Stock appreciation rights to purchase 3,750 shares of common stock vested and became fully exercisable on April 2, 2014, stock appreciation rights to purchase 3,750 shares of common stock will vest and become fully exercisable on April 2, 2015, and stock appreciation rights to purchase 7,500 shares of common stock will vest and become fully exercisable on April 2, 2016.
(5) Stock options to purchase 10,000, 10,000 and 20,000 shares of common stock will vest and become fully exercisable on June 4, 2015, 2016 and 2017, respectively.
 
Remarks:
Etty Rosner is signing on behalf of Mr. Argas pursuant to a power of attorney dated January 12, 2015 filed as an exhibit hereto.

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