Or making a highly efficient generator head out of a 3 phase motor (power factor correction, again)
There's a REALLY good book about doing this, that I have somewhere -- I forget the title -- but I'll put it up tonight as soon as I find it..........
(Back a few minutes later...)
Ahhhh yes, here it is, "The Home Power Producer's Guide to Electrical Reality" by Bill Rogers.
One of those small masterpieces that tells it like it is, and provides truly USEFUL information backed by engineering theory and experiment.