This study proposes a kind of high step-up dc/dc converter with a novel voltage multiplier cell (VMC). The proposed VMC sharply reduces voltage stress on switches and diodes. Therefore, the conversion efficiency can be improved significantly. The converter also provides a wide range of voltage conversion ratios including fractional as well as VMC numbers and switch duty cycle. The topologies, operation principles, working characteristics and voltage conversion ratio are analysed in detail. A 500 W experimental prototype with two VMCs has been developed to validate the effectiveness of the theoretical analysis, and the highest efficiency is 93.8%.