This article presents an energy management strategy for a microgrid having solar PV arrays and a battery energy storage system (BESS). Most of the energy management strategy used for commercial photovoltaic (PV) inverters and battery inverters do not consider the future load behavior and cannot ensure the energy resiliency for a PV and battery storage based microgrid. This article proposes the use of a model predictive control strategy that considers future load behavior and energy cost profile to determine an optimum power flow trajectory to achieve energy resiliency, minimize the operating cost and maximize the profit of the microgrid. The proposed control strategy of the energy management system (EMS) is validated using both simulations in MATLAB/Simulink environment and by carrying out laboratory experiments on a developed laboratory test platform. For the converters of the test platform, this article develops a magnetically linked seven-level multilevel converter (acting as the so