In a DC/AC microgrid system, the issues of DC bus voltage regulation and power sharing have been the subject of a significant amount of research. Integration of renewable energy into the grid involves multiple converters and these are vulnerable to perturbations caused by transient events. To enhance the flexibility and controllability of the grid connected converter (GCC), this paper proposes a common DC bus voltage maintenance and power sharing control strategy of a GCC for a DC/AC microgrid. A maximum power point tracking algorithm is employed to enhance the power delivered by the wind turbine and photovoltaic module. The proposed control strategy consists of primary and secondary aspects. In the primary layer control, the DC bus voltage is regulated by the GCC. In the secondary layer, the DC bus voltage is maintained by the energy storage device. This ensures reliable power for local loads during grid failures, while power injection to the grid is controlled by an energy management algorithm followed by reference generation of inductor current in the GCC. The proposed control strategy operates in different modes of DC voltage regulation, power injection to the grid and a hybrid operating mode. It provides wide flexible control and ensures the reliable operation of the microgrid. The proposed and conventional techniques are compared for a 15.8 kW DC/AC microgrid system using the MATLAB/Simulink environment. The simulation results demonstrate the transient behaviour of the system in different operating conditions. The proposed control technique is twice as fast in its transient response and produces less oscillation than the conventional system.