> Can a 3 phase induction motor be used as a generator?

Yes.

The key phrase to Google for is "self excited"
along with "induction generator".

This usually involves (at least) adding capacitance to the output.

> If so has anyone got links for such a project?

Google has.
Many are advanced theory but some alternative energy sites should be OK.


A somewhat abstract abstract

        http://ieeexplore.ieee.org/xpl/abs_free.jsp?arNumber=257048

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