A hybrid active power link device includes a plurality of active power link modules (APLMs). Each APLM of the plurality of APLMs includes a plurality of switching devices including a first switching device and a second switching device coupled in series. Each APLM of the plurality of APLMs also includes at least one first-type energy storage device (ESD) coupled in parallel with both of the first switching device and the second switching device. The hybrid active power link device also includes at least one second-type ESD coupled in series with at least one APLM of the plurality of APLMs.