A wire connection terminal for a photovoltaic string is provided. The wire connection terminal includes: a terminal connector, a fuse and a printed circuit board (PCB). The terminal connector is connected to a positive electrode or a negative electrode of the photovoltaic string. The fuse is configured to prevent the photovoltaic string from outputting an excessive current. The PCB is configured to sample an output current and an output voltage of the photovoltaic string, communicate with an inverter, and control the photovoltaic string to disconnect from a direct current bus and output abnormal data for display when the output current and/or the output voltage of the photovoltaic string is abnormal or a system failure occurs.