The high power pulsed charging power supply is usually necessary for the pulsed power devices with high power repetitive discharge. This paper first introduces a new topology structure of a charge and discharge system for high voltage capacitor and its operating principle, then comes up with technical requirements for the pulsed alternator. Afterward, design features of the inductor pulsed alternator, including the structure, main dimensions, and sizes of rotor teeth and slots are studied, and the main parameters of homopolar inductor pulsed alternator (HIPA) prototype are provided. The choice of rotor material and bearing failure phenomenon are also investigated to find a responsible solution. Finally, the experimental waveforms of HIPA prototype without and rated load when charging capacitor are given. The research shows that the pulsed power supply based on the inductor pulsed alternator is competitive for its high energy storage density, moderate power density, and high reliability, which is suited to the charging power supply of pulsed capacitor.