This paper deals with a stand-alone single-phase power generation using a three-phase isolated asynchronous generator (IAG) coupled with a wind turbine or a pico-hydro turbine. The proposed voltage and frequency controller (VFC) for a stand-alone single-phase power generation is used as a phase balancer for a three-phase IAG, a load leveler, and an active filter. The VFC is realized using a three-leg voltage-source converter and a battery energy storage system. The VFC ensures optimum utilization of a three-phase IAG for feeding a variety of single-phase loads, improves conversion efficiency, and reduces noise and vibration in the IAG. The rating considerations of an IAG and VFCs are also discussed for a single-phase power generation. The performance of an IAG system is demonstrated under steady-state and dynamic conditions of feeding single-phase linear and nonlinear loads. Simulated results are validated with test results on a developed system. Index Terms-Isolated asynchronous generator (IAG), picohydro generation, power quality, single-phase power generation, voltage-source converter (VSC), wind energy.