A permanent magnet alternator includes a permanent magnet alternator stator attached to a housing. A shaft is rotatable with respect to the housing with a permanent magnet alternator rotor attached to the shaft. The permanent magnet alternator rotor is positioned with respect to the permanent magnet alternator stator so as to generate electricity when the shaft rotates. A cooling fan is also attached to the shaft and is positioned in a gas flow path for flowing air through the gas flow path.