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The invented power converter includes a coupled split path (CSP) power conversion circuit and a power distributor circuit. The CSP power conversion circuit includes inverter cells, a transformer and rectifier cells, and is connected to the power distributor circuit to split power provided from one or more sources into multiple voltage domains. By splitting the power into the multiple voltage domains with use of the invented structure, the impact of parasitic losses in circuit operation is reduced and the operation range of each voltage domain is compressed.