We have demonstrated an extremely low voltage rectifier by using p-GaN gate AlGaN/GaN high electron mobility transistors. In contrast to conventional GaN rectifiers, the turn-on voltage and on-state current can be decoupled, resulting in low turn-on voltage of 0.05 V and high on-state current achieved simultaneously with p-GaN designs. Furthermore, the role of p-GaN layer on current–voltage characteristics of p-GaN gated anode diode was investigated, indicating the p-GaN layer is the source of hole current. Combined the electron current with hole current, the total current was enhanced significantly with the ohmic p-GaN gate electrode. Finally, full-wave AC to DC rectification was demonstrated by a monolithically-integrated diode bridge rectifier with four p-GaN gated anode diodes. The bridge rectifier is able to operate at an input signal as low as 0.18 V, which is very promising for future power conversion applications.