This paper discusses the modeling and analysis of three phase double stator slotted rotor permanent magnet generator (DSSR-PMG). The use of double stator topology through the double magnetic circuit helps to maximize the usage of flux linkage in the yoke structure of the single stator topology. The analytical computation is done using Permeance Analysis Method (PAM). Finite Element Analysis (FEA) is used for numerical verifications and to verify the design structure a prototype laboratory is performed. The analysis is done with various loading conditions to derive the electromagnetic torque, output power and efficiency for the proposed structure. The analytical, numerical and experimental results from the analysis are found to be in good agreement. The maximum power developed by this generator at rated speed of 2000 rpm is of 1 kW with the operational efficiency of 75%. A rectifier bridge circuit is used to make the generated voltage a storage capable constant voltage to make it suitable for mobile applications (such as Direct Current DC generator). The proposed generator structure is highly recommended for applications such as micro-hydro and small renewable plants.