DC to AC multi-vector, multi-module switch mode converter capable of producing a fully regulated quazi-sinusoidal output voltage with cancelled N odd harmonics comprises two sets of 2N switch mode modules each with equal output amplitude operating with the output frequency and the means for summation of their outputs. Each switch mode module in the first set operates with its own fixed phase shift, in reference to the first module. Each module phase shift is calculated as a weighted sum of phase shifts for all harmonics to be cancelled Φn=π/n, where n is a number of harmonic and weights are defined by module number. The second set of modules is identical to the first set and produces its own output voltage with cancelled N harmonics too. The output voltages of the first and second sets are proportional to the DC bus voltage. The amplitude of the combined output voltage is regulated by the variable phase shift between the output voltages of the first and the second sets. The switch mode module DC inputs of both sets may be connected to DC power bus in parallel, in series, or in groups.