Power electronics is vital to modern infrastructure, but it is susceptible to open-circuit faults that can cause serious damage. Three-level inverters are commonly used in such equipment, but their high sensitivity and probability of failure make them particularly challenging to diagnose. In this groundbreaking study, we present a new method for accurately detecting and locating open-circuit faults in three-level, neutral-clamped inverters. Using advanced simulation tools and nonlinear dynamic methods, we develop a new diagnostic model that outperforms existing fault classification algorithms. By converting the current signal into an unthreshold recurrence plot (URP) and mapping its nonlinear features to a two-dimensional plane, it is possible to extract key spatial information and train a residual neural network model for fault diagnosis. The method represents a major advance in power electronics and has the potential to save equipment from costly damage. By accurately detecting and locating open-circuit faults in three-level inverters, the reliability and safety of power electronics can be guaranteed for years to come.