EXHIBIT31.1

ORMAT FUNDING CORP.CERTIFICATION PURSUANT TO SECTION302 OF THE SARBANES-OXLEY ACT OF 2002

I, Yehudit Bronicki, certify that as of the date hereof:

1. Ihave reviewed this quarterly report on Form 10-Q of Ormat FundingCorp.;

2. Based on my knowledge, this quarterly report does notcontain any untrue statement of a material fact or omit to state amaterial fact necessary to make the statements made, in light of thecircumstances under which such statements were made, not misleadingwith respect to the period covered by this quarterly report;

3.Based on my knowledge, the financial statements, and other financialinformation included in this quarterly report, fairly present in allmaterial respects the financial condition, results of operations andcash flows of the registrant as of, and for, the periods presented inthis quarterly report;

4. The registrant's othercertifying officer and I are responsible for establishing andmaintaining disclosure controls and procedures (as defined in ExchangeAct Rules 13a-15(e) and 15d-15(e)) for the registrant and have:

(a) Designed such disclosure controls andprocedures, or caused such disclosure controls and procedures to bedesigned under our supervision, to ensure that material informationrelating to the registrant, including its consolidated subsidiaries, ismade known to us by others within those entities, particularly duringthe period in which this quarterly report is being prepared;

(b) Evaluated the effectiveness of theregistrant's disclosure controls and procedures and presented inthis 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 inthe registrant'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) Allsignificant deficiencies and material weaknesses in the design oroperation of internal control over financial reporting which arereasonably likely to adversely affect the registrant's ability torecord, process, summarize and report financial information; and

(b) Any fraud, whether or not material, thatinvolves management or other employees who have a significant role inthe registrant's internal control over financial reporting.

Date: August 11, 2005

|        |  |                          |  |                                            |  |  |  |  |  |  |
|--------|--|--------------------------|--|--------------------------------------------|--|--|--|--|--|--|
|   |  | By: /s/ YEHUDIT BRONICKI |
|   |  |                     |  | Name: Yehudit Bronicki                     |
|   |  |                     |  | Title: President, Secretary &Treasurer |
|        |

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