I'm working on a generator for someone that recently just quit producing electricity. On the label it touted the fact that it's a brushless alternator; this is actually the first time I'd worked on one but I was expecting much more inside it, certainly some sort of regulator module but in fact it seems the only parts are a stator very much like that of a large induction motor, a simple 2 pole armature with a diode mounted to a heatsink, and a capacitor connected to two of the leads from the stator. The capacitor is open circuit so that's an obvious problem, diode checks out fine as do the windings so I'm assuming replacing the cap will get it going.
What I'm curious though is how exactly does this thing work? The armature has no connection at all to anything. I imagine it must receive power through induction but how is the output regulated? Is there a trick to manufacturing these? Given there's no brushes or slip rings I'd have thought all alternators would be made this way unless there was a disadvantage.