A phase module assembly includes a first flat laminated busbar elongated along a first direction, including a positive layer, a negative layer, and a load layer that is configured to be conductively coupled with a load. The first flat laminated busbar is conductively coupled to a second flat laminated busbar extending in a plane that is orthogonal to the first direction. The second flat laminated busbar is conductively coupled with a power source of direct current. The phase module assembly also includes one or more switches conductively coupled with internal terminal connectors of the first flat laminated busbar and configured to convert the direct current into one phase of a multi-phase alternating current, and to output the phase to the load. The phase module assembly also includes one or more capacitors mechanically mounted on and conductively coupled with the second flat laminated busbar.