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Purpose Renewable energy sources such as solar photovoltaic (PV) and wind are ubiquitous because of their lower environmental impact. Output from solar PV and wind turbines is unstable; hence, this article aims to propose an effective controller to extract maximum available power. Design/methodology/approach By focusing on the varying nature of solar irradiance and wind speed, the paper presents the maximum power point tracking (MPPT) technique for renewable energy sources, and power regulation is made by the novel inverter design. Moreover, a DC–DC boost converter is adopted with solar PV, and a doubly fed induction generator is connected with the wind turbine. The proposed MPPT technique is used with the help of a rain optimization algorithm (ROA) based on bi-directional long short-term memory (Bi-LSTM) (ROA_Bi-LSTM). In addition, the sinusoidal pulse width modulation inverter is used for DC–AC power conversion. Findings The proposed MPPT technique has jointly tracked the maximum power from solar PV and wind under varying climatic conditions. The power flow to the transmission line is stabilized to protect the load devices from unregulated frequency and voltage deviations. The power to the smart grid is regulated by three-level sinusoidal pulse width modulation inverter. Originality/value The methodology and concept of the paper are taken by the author on their own. They have not taken a duplicate copy of any other research article.