A solar panel junction box and components thereof including a plurality of generally L-shaped connecting elements, each comprising a conductive member with a flat section and a first angular section. The first angular section having a resilient cut-out connecting member forming an electrical contact and the flat section having one or more retaining slots for receiving an electronic component terminal. The junction box further includes a plate having rectangular extensions for retaining and positioning solar ribbon and cylindrical extensions for positioning the plate with respect to a base which has cylindrical receptacles for receiving the cylindrical extensions and also has a channel section for edgewise accommodation of the connecting element and compartment areas which position the diodes adjacent the respective retaining slots.