Future power systems are going to need to take microgrids into consideration more and more. In this study, the system under consideration is made up of two energy sources: solar and wind. In a microgrid system, these renewable energy sources are often connected in parallel. The current system has to be changed in order to improve Microgrid performance. The modelling and management of a PV/wind microgrid are presented in this tudy. The research clearly presents the selection of a suitable wind turbine and an AC or DC Microgrid. The microgrid idea combines a significant number of micro sources without interfering with the main utility grid's functioning. For the DC and AC networks of this hybrid microgrid, there are PV and wind energy sources. Systems for storing energy can be connected to AC or DC microgrids. In terms of power management, the system is modelled and simulated, and both its functioning and the effectiveness of the dispatch method are evaluated. The model accurately depicts the microgrid's behaviour, and many changes are recommended. In contrast to DC sources and loads, which are connected to a DC network, AC sources and loads are connected to an AC network. The system model and operation also take into account the irregular and intermittent nature of wind speed, solar irradiation level, ambient temperature, and load.