Renewable energy is used in the current fed switched inverter for high power production. High voltage support, wide yield ranges of operation, shoot-through resistance are a portion of the desired properties of an inverter for a reliable, versatile and less ripple AC inversion. This paper proposes a single stage, high boost inverter with buck-boost capacity which has a few particular advantages over traditional voltage source inverters (VSI) like better EMI noise, wide input and output voltage range of operation, and so on. The proposed inverter is named as Current-Fed Switched Inverter (CFSI). A renewable energy based converter structure of CFSI has been created which supplies both AC and DC loads, at the same time, from a single DC supply which makes it reasonable for DC smart grid application. This paper proposes the operation and control of a CFSI based converter which directs the AC and DC conversion voltages at their reference. The advancement of the proposed converter from essential current fed DC/DC topology is explained. The closed loop controller is verified by using the MATLAB/ Simulink environment.