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Single-phase DC-AC power electronic converters suffer from pulsating power at double the line frequency. The commonest practice to handle the issue is to provide a huge electrolytic capacitor for smoothening out the ripple. However, the electrolytic capacitors having short end of lifetime limit the overall lifetime of the converter. Another way of handling the ripple power is by active power decoupling (APD) using the storage devices and a set of semiconductor switches. Here, a novel topology has been proposed in implementing APD. The topology claims the benefit of (1) reduced stress on converter switches and (2) using smaller capacitance value, thus alleviating the use of electrolytic capacitor and in turn improving the lifetime of the converter. The circuit consists of a third leg, a storage capacitor and a storage inductor. The analysis and the simulation results are shown to prove the effectiveness of the topology. [ABSTRACT FROM AUTHOR]