Converter 8-40V to 12V 20A
US $49.99
Specifications:
Input Voltage Range: 8V-40V DC
Output Voltage: DC12V 20A
Output Rated Power: 240W
Efficiency: 97% (half load); 95% (full load)
Ripple: 200mVp
Line Regulation: ±0.2%
Load Regulation: ±0.2%
Voltage Accuracy: ±1.5%
Enclosures: IP68
Case Operating Temperature: -40~85°C
Weight: 389g

ADDED:
Converter does not solve overvoltage problem.
US $49.99
Specifications:
Input Voltage Range: 8V-40V DC
Output Voltage: DC12V 20A
Output Rated Power: 240W
Efficiency: 97% (half load); 95% (full load)
Ripple: 200mVp
Line Regulation: ±0.2%
Load Regulation: ±0.2%
Voltage Accuracy: ±1.5%
Enclosures: IP68
Case Operating Temperature: -40~85°C
Weight: 389g

ADDED:
Under "No-Load" conditions, the proposed Alternator can easily blast past ~40-Volts.
Then Smoke .............
Yes, you both are absolutely right.As LQC noted, and I mentioned, the output voltage of an open circuit or light loaded permanent magnet alternator can generate damaging voltages (sometimes even enough to damage the winding insulation) so a series type voltage regulator or DC-DC converter will not work.
Converter does not solve overvoltage problem.
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