your sensorless motor drive should be able to work backwards and use the motor as the boost inductor, within limits.
braking torque is proportional to rpm, if you want more you have to burn watts in the motor to produce reverse torque.
so you can electrically load test the motor by using its own rotational inertia.. this is done in the industry for load testing really big motors.
in any case, my recommendation for a dump load is 8 resistors, sized to draw ,16,32,64,128,256,512,1024,2048 watts from your generator. you can control which resistors are turned on with a uproc or an old 8 bit ADC directly. use mosfets of course for switching the resistors in and out.