Abstract: An overmolded in-line photovoltaic current regulating and heat sink device includes one or more diode elements connected at one or more leads to coils of electrically conductive material. The coils serve a dual purpose; they act as heat sinks to draw heat away from the diode and conduct it to the outside environment; and they act as inductor coils to regulate current through the device. These coils can either be of air core or ferromagnetic core construction. On the opposite end of the diode leads, the coils are connected to either a wire lead protruding from the device or a terminal housed in a connector. The entire assembly is encapsulated in a thermoplastic, thermoset, or combination thereof that maintains intimate thermal contact with the diode and coils. The device may include one or more fuse elements in place of, or in addition to, the one or more diode elements.