If your looking into designing your own transformer based GTI, here is a good place to start:
http://www.timnolan.com/index.php?page= ... e-inverterFor a Fully electronic, or 'Transformerless" GTI, refer to this diagram:

- Block Diagram of a transformer-less Grid Tied Inverter. Click for larger view.
As Inspector already mentioned, the logistics involved here would be huge. You will need extensive testing, debugging compliance etc etc. The current units on the market have efficiencies approaching 97%, it'll be hard for a one man team to improve this.