An urban rail transit medium-voltage inverter type renewable energy utilization device includes a first rectifier transformer, a first rectifier connected with the first rectifier transformer, a second rectifier transformer and a second rectifier connected with the second rectifier transformer. The urban rail transit medium-voltage inverter type renewable energy utilization device also includes a feedback transformer, an inverter connected with the feedback transformer and a medium-voltage switch connected with the inverter. According to the invention, the device facilitates the recovery of renewable braking energy, requires no configuration of a resistance device, can solve the problems of high resistor heat productivity, large noise and the like, and has remarkable energy-saving effects.