The invention provides a three-energy-storage-capacitor dual-output Z source half-bridge converter which comprises a first capacitor, a second capacitor, a third capacitor, a fourth capacitor, a fifth capacitor, a first inductor, a second inductor, a first switch tube, a second switch tube, a third switch tube and a diode. A first conventional half-bridge converter body is formed by the first capacitor, the second capacitor, the first switch tube and the second switch tube, a second conventional half-bridge converter body is formed by the second capacitor, the third capacitor, the second switch tube and the third switch tube, and a Z source impedance device is formed by the fourth capacitor, the fifth capacitor, the first inductor and the second inductor. The diode is used for preventing an electric current of the Z source impedance device from flowing back to a power source. According to the three-energy-storage-capacitor dual-output Z source half-bridge converter, dual-channel output is achieved only through the three switch tubes, the reliability is high, the output voltage range is wide, output alternating current pulse waveforms are abundant, and the three-energy-storage-capacitor dual-output Z source half-bridge converter is particularly suitable for dual-output occasions such as electrochemical power supply devices including electrolysis power supply devices, electroplating power supply devices and the like, and multi-output-required green energy occasions such as distributed power generation.