This master thesis presents a threelevel Space Vector Modulation (SVM) for two parallel connected two-level inverters having the dc supply connected through a dc-link. The proposed three-level strategy is compared to two other exsisting modulation strategies for parallel converters; synchronized pulses and interleaved pulses, and to a three-level SVM for the Neutral Point Clamped (NPC) inverter. A down scaled converter setup is realized in the laboratory. Test results from the setup is compared with simulation results and discussed in the report.