Pretty much. I mean, that's basically what a VSD is: A 3-phase rectifier back to back with a 3-phase inverter. Then you can have the two sides at different volt

Pretty much. I mean, that's basically what a VSD is: A 3-phase rectifier back to back with a 3-phase inverter. Then you can have the two sides at different voltages and phases and transfer power back and forth at will.