The invention relates to a novel power conversion unit allowing a laminated coating row and a composite busbar to be used in a hybrid mode. The problems that for a traditional cable connection mode, external output appearance is messy, capacity expansion is not easy, and layout and connection cannot be achieved when current becomes larger are solved. The novel power conversion unit comprises an air-cooled radiator, a frame, the composite busbar, a mounting plate, three IGBTs, eight support capacitors, three absorption capacitors, three drive circuit boards and two discharge resistors. On the basis of the air-cooled radiator, the multi-busbar laminated modular design is adopted. As the modular design is adopted, space is saved, maintenance and replacement are facilitated, and the maintenance cost is lowered; by the adoption of the multi-type composite busbar combination use technology, the reliability of a main circuit is improved, and the difficulty that a cable detours in a narrow space is completely avoided; besides, since the structure is compact, expansion of higher power is facilitated, and operation loss and the maintenance cost caused by faults can be reduced.