Spoilers: chipless works at a major battery manufacturer
Or a mental asylum.
... How are you going to apply 500W of power to rotating a generator and expect the generator to be able to output more than the input 500W (theoretical 100% efficiency) 
Your not directly but with the pullies you can.
What do you think your pulleys/gears/whatevers do? They balance speed and torque, you don't magically get more power at the other end.