The invention provides a multifunctional cycle
power generation system and method by a gravity lever. The
system comprises a supporting rack and a balance weight arranged on the supporting rack and slidably matched with the supporting rack, wherein engines are arranged on one side or two sides of the balance weight; the input shaft of each engine is connected to a transmission shaft; two or more single-directional clutches are fixedly connected to the middle of the transmission shaft; the locking directions of the single-directional clutches are same, gears are fixed to the peripheries of thesingle-directional clutches, and a rack matched with each gear to drive the transmission shaft to rotate is arranged next to each single-directional
clutch; at least one pair of racks is arranged on the upper part and the lower part, separately, the racks and the balance weight which reciprocates are in driving movement and the balance weight is arranged on the supporting rack to swing through a lifting mechanism in a reciprocating manner. As the balance weight which swings in the reciprocating manner pulls the racks to drive the transmission shaft to rotate in the single direction, multiple engines can be driven synchronously to generate
electricity synchronously, and the power needed by a supporting rack lifting device is alleviated greatly by means of a swing mode like to a lever, so that the energy sources are saved and the power generation efficiency is improved greatly.