The main purpose of this thesis is to develop a DC-DC converter with two power modules in parallel. With the proposed current-sharing strategy, the output current of this converter can be distributed between two power modules as evenly as possible, so as to enhance the efficiency as compared with the converter with a single module. In this paper, the specifications for the proposed DC-DC converter with two power modules in parallel are the input voltage of 12V, the output voltage of 5V and the rated output current of 20A. The effectiveness of the proposed current-sharing scheme is verified by means of theoretical derivation, simulation and experimental results.