In this paper, a new modified model predictive control is proposed to improve the performance of the model predictive control for two-level voltage source inverters by alleviating computational burden and the disadvantages associated with the conventional model predictive control strategy. The objective of the proposed method is to reduce the number of candidate voltage vectors in each sector, thereby improving the overall performance of the control system, as well as achieving common-mode voltage reduction for two-level voltage source inverters. Two strategies are introduced to achieve this objective. Firstly, an algorithm is developed based on statistical computational processes to pre-define the candidate voltage vectors. This strategy involves ranking and considering the most frequently used voltage vectors. Consequently, by reducing the computational burden, the search space for the optimal voltage vectors is reduced. Furthermore, based on statistical results, a strategy is proposed to divide the sectors into three sectors instead of the six sectors in the conventional method. This approach effectively reduces the number of candidate voltage vectors. The modified model predictive control strategy aims to improve the efficiency of the control system by reducing the computational burden, and suppressing the common-mode voltage. The simulation and experiments are carried out to verify the effectiveness of the proposed strategy under various operational conditions. The results demonstrate that the modified model predictive control approach significantly reduces the computational burden and complexity of the control system while effectively suppressing the common-mode voltage; this contributes to improving the performance of two-level voltage source inverters and enhancing their applicability for connecting the renewable energies to the grid.