There is a massive and rapid development in the industry and prevailing population inflation due to which the energy demand spikes. The increase in demand dilates the gap between the energy supplied and usage which makes the power quality important to consider, otherwise it causes voltage, current or frequency deviations which has unfavourable consequences in customer’s equipment or result in failure. To overcome this the concept of complementary usage of wind and solar cogeneration system is introduced along with the topology with Neutral Point Clamped inverter which has 3-level output converter that decreases the harmonics and the switching rate, it also features the regulation of the VSC through fuzzy based control scheme in the rotating reference frame of wind-solar cogeneration system with no extra DC/DC conversion stages.

This paper proposes the concept of reactive power compensation with the aid of STATCOM (static synchronous compensators) and three phase multilevel inverter. The classification of multilevel inverters under three major types which are H-bridge inverter, flying capacitors-based inverter and diode clamped multilevel inverter. Among these multilevel inverters, the diode clamped type is stressed in this paper due to its capability to process 3-phase output in the absence of any input. Here the reactive power is compensated using 7-level based multilevel inverter with diode clamps are made utilizing the capacitors banks, diodes and switches which would therefore abates the voltage stresses and harmonics resulting in higher efficiency of the power system. Besides the functioning of multilevel inverter, STATCOM is also utilized to improve the regulation of reactive power flow and thereby, enhances the stability under transient condition of a power system. Subsequently, the compensated seven level output is procured by the sinusoidal PWM technique.