FIG. 4 illustrates a schematic diagram of a heat dissipation system 210 in accordance with one embodiment of the present invention. In the illustrated embodiment, the heat dissipation system 210 includes a first cooling loop 211, a second cooling loop 221, a third cooling loop 231, and a condenser 214. The first cooling loop 211 includes a first two-phase heat transfer device 222, and an accumulator 230. The first cooling loop 211 further includes a first conduit 211a extending from a downstream end 250 of the condenser 214 to an upstream end 252 of the first two-phase heat transfer device 222. Similarly, the first cooling loop 211 further includes a second conduit 211b extending from an upstream end 254 of the first two-phase heat transfer device 222 to a downstream end 256 of the condenser 214. The heat dissipation system 210 further includes a first intermediate conduit 212 coupled to the first conduit 211a and the second conduit 211b. The second cooling loop 221 includes a second two-phase heat transfer device 224, and an accumulator 232. The second cooling loop 221 further includes a third conduit 221a extending from the downstream end 250 of the condenser 214 to an upstream end 257 of the second two-phase heat transfer device 224. Similarly, the second cooling loop 221 further includes a fourth conduit 221b extending from an upstream end 258 of the second two-phase heat transfer device 224 to the downstream end 256 of the condenser 214. The heat dissipation system 210 further includes a second intermediate conduit 213 coupled to the third conduit 221a and the fourth conduit 221b. The third cooling loop 231 includes a third two-phase heat transfer device 226, and an accumulator 234. The third cooling loop 231 further includes a fifth conduit 231a extending from the downstream end 250 of the condenser 214 to an upstream end 260 of the third two-phase heat transfer device 226. Similarly, the third cooling loop 231 further includes a sixth conduit 231b extending from an upstream end 262 of the third two-phase heat transfer device 226 to the downstream end 256 of the condenser 214. The heat dissipation system 210 further includes a third intermediate conduit 225 coupled to the fifth conduit 231a and the sixth conduit 231b. Although, the first intermediate conduit 212, the second intermediate conduit 213, and the third intermediate conduit 225 are shown to be disposed in different plane, in certain embodiments, all three intermediate conduits 212, 213, 225 may be aligned in same plane. In some other embodiments, the heat dissipation system 210 may include only one accumulator coupled to the first, third, and fifth conduits 211a, 221a, 231a.