The invention discloses a transformer-free type low-leakage-current photovoltaic grid-connected inverter circuit with an active clamp and a modulation method thereof. The transformer-free type low-leakage-current photovoltaic grid-connected inverter circuit with the active clamp comprises two filter capacitors Cdc1, Cdc2, eight switch tubes S1, S2, S3, S4, S5, S6, S7, S8 and two filter inductors L1, L2, and is characterized in that an active switch tube is additionally arranged in the circuit so as to form a clamping unit, common-mode voltage in a grid-connected inductance follow current stage is clamped to the midpoint of a bus capacitor by being matched with an appropriate switching sequence, common-mode voltage disturbance of the system is removed, and thus a suspension problem of common-mode voltage of a decoupling inverter in zero level output is solved; and parasitic oscillation of a common-mode circuit is removed at the same time, and a phenomenon of common-mode resonance is suppressed. The photovoltaic grid-connected inverter circuit disclosed by the invention has the advantages of simple circuit structure, high efficiency, simple modulation method and the like. The photovoltaic grid-connected inverter circuit can ensure an inverter not to be affected by a current zero crossing point in unit power factor running, and can avoid current waveform distortion caused by influences of grid power fluctuations or operations at a non unit power factor.