EXHIBIT 21.1



          LIST OF SIGNIFICANT SUBSIDIARIES OF THE COMPANY, THE STATE OR
         JURISDICTION OF INCORPORATION OR ORGANIZATION OF EACH, AND THE
                 NAMES UNDER WHICH SUCH SUBSIDIARIES DO BUSINESS



   --------------------------------------------------------------------------
                                         STATE/JURISDICTION OF INCORPORATION
      NAME OF SIGNIFICANT SUBSIDIARY               OR ORGANIZATION
   --------------------------------------------------------------------------
            Ormat Systems Ltd.                          Israel
   --------------------------------------------------------------------------
         Ormat International, Inc.                     Delaware
   --------------------------------------------------------------------------
            Ormat Nevada, Inc.                         Delaware
   --------------------------------------------------------------------------
           Ormat Funding Corp.                         Delaware
   --------------------------------------------------------------------------
          OrCal Geothermal, Inc.                       Delaware
   --------------------------------------------------------------------------
             OrHeber 1, Inc.                           Delaware
   --------------------------------------------------------------------------
                ORMESA LLC                             Delaware
   --------------------------------------------------------------------------
           Ormat Holding Corp.                      Cayman Islands
   --------------------------------------------------------------------------
          Heber Field Company                         California
   --------------------------------------------------------------------------
       Second Imperial Geothermal                     California
               Company L.P.
   --------------------------------------------------------------------------
         Heber Geothermal Company                     California
   --------------------------------------------------------------------------
             OrPower 4, Inc.                        Cayman Islands
   --------------------------------------------------------------------------
       Ormat Momtombo Power Company                 Cayman Islands
   --------------------------------------------------------------------------
             Orleyte Company                        Cayman Islands
   --------------------------------------------------------------------------
           Ormat-Leyte Co. Ltd.                      Philippines
   --------------------------------------------------------------------------
              OrMammoth Inc.                           Delaware
   --------------------------------------------------------------------------
      Puna Geothermal Venture, L.P.                     Hawaii
   --------------------------------------------------------------------------