In remote areas, the distribution networks are usually underdeveloped; thus, three-phase medium-voltage grids may provide a low-cost power supply solution for residential buildings. A new centralized approach topology of three-port power hub converter, which consists of a V/V transformer, a back-to-back inverter, and a static volt-ampere reactive (VAR) compensator with adaptive impedance, is proposed for remote area power supply. The proposed three-port converter interfaces two bidirectional power ports connecting three-phase ac grid and dc grid, respectively, and one unidirectional power port connects ac loads. The functions of the proposed converter are the bidirectional power flow control between three-phase ac grid and dc grid and power quality compensation to the three-phase ac grid. Finally, to verify the validity of the proposed three-port converter and its control performance, different simulation and experimental cases are implemented under different operation conditions.