This study thoroughly compares multiple single bidirectional and multiport converters (MPCs), highlighting the significant role of MPCs in multi-input and multi-output (MIMO) systems. MPCs offer a more efficient and cost-effective solution than multiple single converters, especially in applications involving photovoltaic (PV), electric vehicles (EVs) with storage systems, and power grids. This research emphasizes the importance of multi-input converters (MICs) in integrating diverse voltage sources. It notes the rising popularity of multi-output DC-DC converters in portable electronics, owing to their reduced component count, lower costs, and compact design. This paper emphasizes comparisons based on diverse aspects and applications, shedding light on recent developments in basic bidirectional converters. Additionally, it delves into the advancements in MPC topologies, focusing on efficiency, reliability, and modularity improvements. These advancements are crucial for harnessing cost reduction, simplicity, and compactness. Furthermore, this paper introduces an innovative multiport DC-DC converter tailored for integrating and managing renewable sources. This new converter design enhances PV system and battery storage performance by reducing power conversion steps, using fewer components, and improving voltage-boosting capabilities. Its unique bidirectional buck-boost structure allows for versatile connections between sources and loads with varying voltage and power requirements. The performance of this novel converter is evaluated through MATLAB/Simulink simulations under different scenarios. Experimental studies further validate its effectiveness, marking a significant contribution to power conversion and management in integrating renewable sources such as DC microgrids.