This paper investigates a novel high gain low power converter called switched capacitor boost derived multilevel hybrid converter (SCBDMHC) which produces dc and multilevel ac outputs simultaneously for solar PV application. The mathematical modelling of the SCBDMHC is derived using state space analysis and verified with the simulated results. A closed loop control scheme of the circuit is implemented by the PI control logic. The robustness of the converter is tested with source variation, load variation and reference variation. The simulation results prove that the SCBDMHC produces the higher ac gain which is 2− 1− times more than the conventional MLI. So this SCBDMHC may implement for the high gain converter of the solar PV system.