A new fundamental structure of a single-phase transformer-less grid connected multilevel inverter based on a switched-capacitor structure is presented in this study. By employing the series-parallel switching conversion of the integrated switched-capacitor module in a packed unit, attractive features for the proposed inverter can be obtained such as high efficiency and boosting ability within a single stage operation. Also, using a common grounding technique provides an additional advantage of reducing the leakage current. Moreover, the presented structure generates a multilevel waveform at the output voltage terminals which reduces the harmonics in the system. A peak current controller is utilized for triggering the gate of the power switches and controlling both the active and reactive powers. This results in a tightly controlled current with an appropriate quality that can be injected to the grid using a single source renewable energy resource. Operating procedures, design considerations, comparison studies and test results of a 620 W prototype are also presented to validate the accuracy and feasibility of the proposed multilevel inverter.