In wind energy generation, self-excited induction generators (SEIGs) are playing a vital role in isolated areas where the extension of the grid is not feasible. But the major problem with such generators are their inability to maintain the terminal voltage and frequency constant with the load. Many SEIG systems require the computation of peak voltage and frequency for the subsequent feeding to a voltage and frequency controller for processing. In this paper, a new technique for computing the peak voltage of a SEIG using the COordinate Rotation DIgital Computer (CORDIC) algorithm is proposed. The proposed peak voltage estimation scheme requires only one voltage sensor. The SEIG voltage and frequency is controlled using a generalized impedance controller. To validate the simulation results obtained from MATLAB/Simulink, an experiment is also carried out using a TMS320F2812 DSP processor.