A modular power converter system includes a plurality of active power link modules (APLMs) coupled to each other, each APLM having a plurality of switching devices including first and second switching devices coupled to each other, and at least one first-type energy storage device (ESD) coupled in parallel with both of the first and second switching devices, the first-type ESD configured to induce a first direct current (DC) voltage. The system also includes a plurality of relays coupled to the first-type ESD, and a charge controller coupled to at least one APLM of the plurality of APLMs and coupled to at least one of an electrical power source and a discharge circuit. The charge controller is configured to alternately charge and discharge the first-type ESD in response to a plurality of switching states including switching states of the plurality of switching devices and the plurality of relays.