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This book offers a novel, comprehensive analysis of voltage source multilevel converters and their applications. Focusing on converters with a common voltage source, the authors examine two case studies that include both symmetrical and asymmetrical topologies. The text provides a simple and immediate understanding of the principles of operation of voltage source DC/AC multilevel converters and includes graphic representation of the states of power switches of universal multilevel converters. The content enables readers to understand traditional topologies and also offers a powerful tool in the analysis and development of new topologies.