An inspection system (200) is for inspecting power generation equipment (202) and includes a remote receiving device (134) which receives images captured and transmitted by an inspection apparatus (100). A recording device (142) records the images thereby providing a permanent record of the inspection. The inspection apparatus (100) comprises: a flashlight assembly (102) including a power supply (110), an elongated housing (104) having first and second ends (105,107), a lens body (120) coupled to the first end (105), and a lens cover (114) covering the lens body (120). The inspection apparatus (100) further includes an imaging system (122) having a camera (130), such as a wireless video camera, which is disposed within the lens body opening (121), an illumination assembly (106) which generally surrounds the camera (130), and a protective cover (116) for the illumination assembly (106). An associated method is also disclosed.