This paper suggested a single-phase cross-connected half-bridges multilevel inverter (cchb-mli) topology for static synchronous compensator (statcom) applications. The proposed mli structure consists of cross-connected multilevel cells connected in series with a more optimized number of devices to synthesize a higher number of voltage steps. Each cell in the structure consists of a set of switches and a dc-capacitor. Typically, when several dc-capacitors are used in an inverter, the dc voltages fluctuation occurs due to tolerance between passive element and asymmetric switch losses. A dual-loop control technique has been proposed with level-shifted pulse width modulation pwm to overcome these issues. The proposed methodology balances the dc-voltages using a proportional-integral controller by adjusting the switch duty cycle. The control method helps offset the issue of aggravated fluctuation while preserving the delivered reactive power distributed equally among the dc-capacitors at the same time. A thorough comparison is made between the proposed inverter concerning the number of components and efficiency to demonstrate the effectiveness of previous topologies. Moreover, a simulation model built in simulink and experimental results take from laboratory prototype to confirm the effectiveness of proposed structure and its control technique.