Van de Graff generator uses an insulating belt to transfer static electric charge to a large spherical conductor, allowing it to build up a very high voltage potential. It works by using corona discharge from sharp points to charge the belt, which then induces opposite charges on a collecting comb attached to the sphere. As the belt continuously circulates, more charge is transferred to the sphere, eventually reaching potentials of millions of volts. This high voltage can be used to accelerate subatomic particles for physics research experiments. However, it produces only low currents and has limitations in the maximum voltage possible due to air breakdown.