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In this paper, an interleaved soft-switching converter with ripple-current cancellation is presented to achieve zero- voltage-switching (ZVS) turn-on and load current sharing. In order to achieve ZVS turn-on, an active snubber is connected in parallel with the primary winding of the transformer. The energy stored in the transformer leakage inductance and magnetizing inductance can be recovered so that the peak voltage stress of switching devices is limited. The resonance at the transition interval is used to realize ZVS turn-on of all switches. In order to achieve three-level pulsewidth-modulation (PWM) scheme, an addition fast-recovery diode is used in the converter. Three-level PWM scheme can reduce the ac ripple current on the output inductor such that the output inductor can be reduced. The current-doubler rectifier is adopted in the secondary side of the transformer to reduce the transformer secondary-winding current and output voltage ripple by canceling the current ripple of two output inductors. The output voltage is controlled at the desired value using the interleaved PWM scheme. These features make the proposed converter suitable for the dc-dc converter with high output current. The operation principles, steady state analysis, and design equations of the proposed converter are provided in detail. Finally, experiments based on a 600-W (12 V/50 A) prototype are provided to verify the effectiveness and feasibility of the proposed converter.