Stand-alone micro-grids need a proper management of the active power exchange. This work is focused on the parallel operation of multiple grid-connected converters in an island-grid system. The proposed solution features a master inverter which emulates the grid and multiple grid-connected converters operating in parallel. The current sharing and overload protection is achieved by small frequency variations of master inverter's output, that are detected by the grid-connected converters. This mechanism exploits the behavior of the derating characteristics embedded in grid-connected inverters, that must reduce the output power if the grid frequency increases. In this case, standard grid-connected equipment can be used to realize micro-grids without the need of digital communication between the power units. Two possible scenarios are analyzed: low-power microgrid with master/slave converters, and low voltage grid fed by a Smart Transformer (ST) which performs the frequency control.