The Global SMBB Ribbon Market was valued at USD 302 Million in 2025 and is projected to reach a staggering USD 2,347 Million by 2034, exhibiting an explosive Compound Annual Growth Rate (CAGR) of 34.9% during the forecast period (2024–2030). This remarkable growth trajectory is being fueled by an insatiable global demand for high-efficiency photovoltaics and the rapid adoption of Super Multi BusBar (SMBB) technology, which significantly enhances the performance and output of solar panels. As the industry pivots towards next-generation cell architectures like N-type TOPCon and HJT, the role of advanced interconnection materials has never been more critical.

In this dynamic landscape, a select group of material science innovators and manufacturers are at the forefront, developing the precise, high-performance ribbons that are essential for maximizing energy capture and durability. This blog profiles the Top 10 Companies in the SMBB Ribbon Industry—specialists in ultra-fine interconnect technology who are powering the global transition to more efficient and cost-effective solar energy.

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🔟 1. Tonyshare (Suzhou) Electronic Material Technology Co., Ltd.

Headquarters: Suzhou, Jiangsu, China
Key Offering: 0.22 mm SMBB Ribbon, 0.26 mm PV Ribbon, High-Performance Tinning Services

Tonyshare is a globally recognized leader in the photovoltaic ribbon sector, specializing in the research, development, and production of ultra-fine BusBar ribbons. The company has established itself as a key supplier to major solar module manufacturers worldwide, with a strong focus on the precise metallurgy required for SMBB applications in TOPCon and HJT cells.

Innovation and Capacity Initiatives:

• Pioneering the production of 0.22 mm and narrower ribbons for increased cell efficiency.

• Continuous investment in automated production lines to ensure consistent quality and high volume output.

• Strong R&D focus on low-temperature soldering alloys compatible with fragile N-type cells.

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9️⃣ 2. Yourbest New-Type Materials Co., Ltd.

Headquarters: Suzhou, Jiangsu, China
Key Offering: SMBB Ribbon, PV Interconnect Ribbon, Flux-Coated Ribbon

Yourbest is a major player dedicated to the advancement of new-type materials for the renewable energy sector. The company’s product portfolio is tailored to meet the evolving demands of high-density cell interconnection, offering ribbons that minimize power loss and improve module reliability under various environmental conditions.

Innovation and Capacity Initiatives:

• Development of specialized flux coating formulations to enhance soldering performance and yield.

• Strategic expansion of manufacturing capacity to keep pace with global solar installation growth.

• Commitment to producing ribbons with high mechanical strength to withstand thermal cycling stresses.

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8️⃣ 3. Wetown Electric Group

Headquarters: Nantong, Jiangsu, China
Key Offering: PV Ribbon, Tinned Copper Ribbon, SMBB & Shingled Ribbon

Wetown Electric Group is a diversified manufacturer with a significant footprint in the solar energy supply chain. Its expertise in conductor materials has made it a vital supplier of interconnection ribbons for both mainstream PERC and advanced TOPCon modules. The company emphasizes rigorous quality control to ensure long-term module performance.

Innovation and Capacity Initiatives:

• Investment in advanced tinning technology for superior surface quality and corrosion resistance.

• Capability to produce custom ribbon specifications for emerging module designs, including shingled modules.

• Focus on sustainable manufacturing practices and supply chain resilience.

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SMBB Ribbon Market – View in Detailed Research Report

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7️⃣ 4. Luvata

Headquarters: Espoo, Finland
Key Offering: Precision Rolled Copper Strip, PV Ribbon Solutions

Luvata, a part of the Mitsubishi Materials Corporation group, brings decades of metallurgical expertise to the solar industry. While a global leader in rolled copper products for various industries, Luvata supplies high-purity, high-conductivity copper strip that serves as the base material for many PV ribbon manufacturers, playing a crucial role in the upstream supply chain.

Innovation and Capacity Initiatives:

• Production of oxygen-free copper (OFC) for maximum electrical conductivity and durability.

• Advanced rolling technology to achieve the tight tolerances required for ultra-fine SMBB ribbons.

• Global production footprint ensuring reliable material supply to ribbon producers.

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6️⃣ 5. Suzhou YourBest Electronic Technology Co., Ltd.

Headquarters: Suzhou, Jiangsu, China
Key Offering: Tinned Copper Ribbon, SMBB Ribbon, Bussing Ribbon

Suzhou YourBest Electronic Technology is a specialized manufacturer focused exclusively on electronic and photovoltaic conductive materials. The company has built a reputation for precision and reliability, supplying ribbons that are critical for reducing series resistance and increasing the fill factor in high-efficiency solar modules.

Innovation and Capacity Initiatives:

• Expertise in producing ribbons with uniform thickness and width for consistent module assembly.

• Adaptation of product lines to support the transition from 5BB/9BB to 12BB+ SMBB configurations.

• Implementation of stringent testing protocols for peel strength and electrical properties.

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5️⃣ 6. Alpha Assembly Solutions

Headquarters: Guelph, Ontario, Canada
Key Offering: Solder Coated Ribbons, Specialty Solder Alloys, Fluxes

Alpha Assembly Solutions, a MacDermid Alpha Electronics Solutions business, is a world-leading provider of soldering materials. For the PV industry, Alpha supplies advanced solder-coated copper ribbons and specialized alloys designed to withstand the harsh operating conditions of solar panels while ensuring robust electrical connections.

Innovation and Capacity Initiatives:

• Development of lead-free and low-temperature solder alloys to prevent cell cracking and degradation.

• Proprietary flux systems that minimize voiding and improve long-term reliability of solder joints.

• Technical support and R&D collaboration with major module manufacturers to solve interconnection challenges.

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4️⃣ 7. Betterial (Jiangsu) New Material Technology Co., Ltd.

Headquarters: Zhenjiang, Jiangsu, China
Key Offering: Copper-based PV Ribbon, SMBB Ribbon, Interconnection Materials

Betterial is an emerging force in the new materials sector, focusing on the high-growth PV ribbon market. The company is investing heavily in R&D to create products that meet the technical specifications required for the latest cell technologies, positioning itself as a key partner for module makers aiming for higher power classes.

Innovation and Capacity Initiatives:

• Rapid scaling of production capabilities for sub-0.25mm SMBB ribbons.

• Focus on cost-optimized solutions without compromising on performance or reliability.

• Building a robust quality management system to ensure product consistency.

Download FREE Sample Report:
SMBB Ribbon Market – View in Detailed Research Report

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3️⃣ 8. E-WRE

Headquarters: Shanghai, China
Key Offering: Tinned Copper Strip, PV Ribbon, Electronic Component Materials

E-WRE specializes in the manufacturing of tinned copper strip and has carved out a significant niche in the PV ribbon supply chain. The company’s products are known for their excellent solderability and surface finish, which are critical parameters for automated tabbing and stringing processes in modern module factories.

Innovation and Capacity Initiatives:

• Advanced electroplating and hot-dip tinning processes for superior coating adhesion.

• Customization services to meet the specific dimensional and performance requirements of different clients.

• Continuous process improvements aimed at reducing material waste and enhancing production efficiency.

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2️⃣ 9. Jiangsu Sun Technology Co., Ltd.

Headquarters: Zhenjiang, Jiangsu, China
Key Offering: Photovoltaic Ribbon, Tinned Copper Wire, BusBar Ribbon

Jiangsu Sun Technology is a dedicated manufacturer of conductive materials for the solar industry. The company’s core competency lies in producing high-quality, durable ribbons that contribute to the overall longevity and energy yield of solar panels, making it a trusted supplier in a highly competitive market.

Innovation and Capacity Initiatives:

• Focus on producing ribbons with low resistivity to maximize current flow and minimize power loss.

• Investment in state-of-the-art drawing and annealing equipment for precise control over material properties.

• Commitment to expanding its market share in both domestic Chinese and international markets.

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1️⃣ 10. SHENMAO Technology Inc.

Headquarters: Taoyuan, Taiwan
Key Offering: Solder Wire, Solder Paste, Solder-Coated Ribbons

SHENMAO Technology is a globally recognized Taiwanese company with extensive expertise in soldering materials. While its product range is broad, its precision solder-coated ribbons are essential for the PV industry. SHENMAO’s strong R&D focus ensures its products meet the evolving needs for reliability and efficiency in solar module manufacturing.

Innovation and Capacity Initiatives:

• Development of environmentally friendly, halogen-free solder coatings.

• World-class manufacturing facilities with a strong emphasis on quality control and traceability.

• Global sales and technical support network providing localized service to module manufacturers.

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SMBB Ribbon Market – View in Detailed Research Report

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🌍 Outlook: The Future of SMBB Ribbon Is Driven by Higher Efficiency and Innovation

The SMBB ribbon market is at the heart of the photovoltaic industry’s push for greater efficiency and lower Levelized Cost of Energy (LCOE). As cell technologies continue to advance, the demands placed on interconnection materials will become even more stringent, driving further innovation in this critical component.

📈 Key Trends Shaping the Market:

• Accelerated transition from 9BB to 12BB, 16BB, and even finer BusBar configurations to reduce shading and resistive losses.

• Rising adoption of N-type TOPCon and HJT cells, which require specialized, low-stress interconnection solutions.

• Increased focus on ribbon durability and ability to withstand potential-induced degradation (PID) and thermal cycling.

• Exploration of alternative materials, such as conductive adhesives and foil-based interconnects, for next-generation cell designs.

Get Full Report Here:
SMBB Ribbon Market – View in Detailed Research Report

The companies profiled here are not merely supplying a component; they are enabling the efficiency gains that make solar energy increasingly competitive and are integral to powering the global renewable energy transition.