Abstract: A cascaded modular multilevel converter for medium-voltage power electronics systems is disclosed. The converter can be used in applications such as an auxiliary power supply for medium-voltage (MV) power electronics system, or a unidirectional SST which powers a home (where very light load conditions are experienced when the home is unoccupied or during the night). Unlike the traditional solutions which use a grid-frequency, bulky, and heavy power transformers, the disclosed converter can operate at higher switching frequencies, weigh less, and provide a higher power density than other approaches. Additionally, the disclosed converter features an internal capacitor voltage balancing and can achieve power factor correction (PFC) using predictive control.