Hi,
I've been working on an RPG engine for the game Wind Fortress and it is already advanced enough to make visual novels. It is called Sandbox Adventure Engine (SAE).
One of my favourite feature is an automatic importer from Ren'Py, the main visuel novel engine. Of course, it is not a "one-click" conversion, but most of the process is automated, leaving only "few" things to be done manually. Thirty virtual novels have already been translated. You can check the result on the engine website.
For now, I am the only one able to create project, but it would be great if anybody could do it one day. But there is still a lot of work to be done to achieve that. Since it is not yet open source (not that I don't want to share it but it is such a big mess!), I'm planning to add an exporter to Ren'Py so all projects made with SAE will be fully exportable to Ren'Py in almost one click. Authors that will chose to create a visual novel with SAE won't be dependant of my framework.
i've made a quick demo explaining a little bit more what Sandbox Adventure can do.
The asset manager and the story editor of this demo are accessible HERE.
You can find the documentation HERE.
SAE has been tested on Firefox, Chrome, IE9+ and Safari. It is responsive hence compatible with smartphone. There are still many things to be done and I will post any advancement on this thread.
I hope you will like it. Don't hesitate to report bug if you find any!
The showcase is available here: http://sandbox-adventure.com
PS: even if I hope one day to make money with games I develop with SAE, the engine is not a commercial project in itself. All converted games fully belong to their authors and are accessible for free.