EXHIBIT31.1

ORMAT FUNDING CORP. CERTIFICATION PURSUANT TO SECTION302 OF THE SARBANES-OXLEY ACT OF2002

I, Yehudit Bronicki, certify thatas of the date hereof:

1. I have reviewed this quarterly reporton Form 10-Q of Ormat Funding Corp.;

2. Based on my knowledge,this quarterly report does not contain any untrue statement of amaterial fact or omit to state a material fact necessary to make thestatements made, in light of the circumstances under which suchstatements were made, not misleading with respect to the period coveredby this quarterly report;

3. Based on my knowledge, thefinancial statements, and other financial information included in thisquarterly report, fairly present in all material respects the financialcondition, results of operations and cash flows of the registrant asof, and for, the periods presented in this quarterly report;

4.The registrant's other certifying officer and I are responsiblefor establishing and maintaining disclosure controls and procedures (asdefined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for theregistrant and have:

(a) Designed such disclosurecontrols and procedures, or caused such disclosure controls andprocedures to be designed under our supervision, to ensure thatmaterial information relating to the registrant, including itsconsolidated subsidiaries, is made known to us by others within thoseentities, particularly during the period in which this quarterly reportis being prepared;

(b) Evaluated the effectiveness ofthe registrant's disclosure controls and procedures and presentedin this quarterly report our conclusions about the effectiveness of thedisclosure controls and procedures, as of the end of the period coveredby this quarterly report based on such evaluation; and

(c) Disclosed in this quarterly report any change in theregistrant's internal control over financial reporting thatoccurred during the registrant's most recent fiscal year that hasmaterially affected, or is reasonably likely to materially affect, theregistrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I havedisclosed, based on our most recent evaluation of internal control overfinancial reporting, to the registrant's auditors and the auditcommittee of the registrant's Board of Directors (or personsperforming the equivalent function):

(a) All significantdeficiencies and material weaknesses in the design or operation ofinternal control over financial reporting which are reasonably likelyto adversely affect the registrant's ability to record, process,summarize and report financial information; and

(b) Anyfraud, whether or not material, that involves management or otheremployees who have a significant role in the registrant'sinternal control over financial reporting.

Date: May 12,2005

|        |  |                         |  |                                           |  |  |  |  |  |  |
|--------|--|-------------------------|--|-------------------------------------------|--|--|--|--|--|--|
|   |  | By: /s/ YEHUDITBRONICKI |
|   |  |                    |  | Name: YehuditBronicki                     |
|   |  |                    |  | Title: President,Secretary &Treasurer |
|        |

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