Distributed generation (DG) systems are becoming more popular due to several benefits such as clean energy, decentralization, and cost effectiveness. Because the majority of renewable energy sources provide DC power, power electronic inverters are necessary for their conversion from DC to AC power. To fulfill this demand, the next generation power inverter employs innovative technologies while simultaneously assuring stability and resilience. This paper highlights the limitations of current inverter technology and points the way forward to the next generation of inverters that overcome those limitations. A more efficient, trustworthy, and system-resilient inverter employs new technology such as the internet of things (IoT). However, these new technologies expose the system to cyber-physical threats. This problem is being overcome through the application of artificial intelligence and machine learning. Initially, the present state of the inverter technology with its current challenges against grid resilience has been investigated in this paper. After that, the necessity of smart inverter and their impact on the power system has been reviewed to enhance grid resilience, stability, and adaptability. Finally, a directional pathway to the next generation inverter has been proposed by addressing the features, components requirement integration challenges, and possible solutions in this paper.
