5 things you should know about solar energy production

Solar panels – or photovoltaics – are an increasingly popular source of alternative energy. Two types are most common: photovoltaic cells which collect and convert radiation from the sun into electrical power  - and solar thermal collectors, which collect concentrated thermal (infrared) radiation to generate heat.

A number of factors have boosted the popularity of solar energy, including: lower cost of production and installation, heightened environmental awareness, growing concern about public infrastructure, and tax credits and other financial incentives. In this trend spotlight, learn about the five key things to be aware of as insurers.