This paper presents a new multi-inverter-based compensation scheme for the harmonic and reactive influences in a micro-grid, which not only realizes the integration of renewable energy, but also combines the functions of improving power quality at the point of common coupling (PCC) simultaneously. The proposed method uses the remaining power energy in the inverter to implement local harmonic compensation, which achieves the flexible customization of power quality and economics. Specifically, an accurate and stable modulated hopping Discrete Fourier Transform (mHDFT) algorithm with merits of computation of a sparse DFT result is applied to measure the harmonic current. In addition, a proportional resonant (PR) controller selected to track the command current due to its infinite gain for a specific point ensures there is no steady-state error (ess). Besides, delay compensation and discretization by pre-swapping bilinear transformation are performed to improve the stability of the current loop and enable the controller for digital implementation respectively. The simulation results based on Matlab/Simulink are given to verify the performance of the proposed method.