One option to is to use two smaller dynamometers in tandem. The smaller machine size should allow a greater maximum speed.
A second option is to change the mechanical advantage between the engine and the dynamometer by changing the gear ratio, roller size, or whatever the drive ratio is. By selecting a dyno base speed of 1750, you are requiring a maximum speed that is too high for a single machine of this rating. For example, if you reduced the base speed to 450rpm then the maximum speed would be reduced to 1542rpm. Of course, by doing this you require the dynamometer to produce 3.88 times more torque but power in still equals power out; it is a matter of finding the combination of mechanical advantage versus dynamometer speed that gives the most effective and economical machine sizes. Keep in mind that the dynamometer base speed can be at any frequency. The 450rpm machine in the example may be a 8 pole machine running at 30hz, a 12 pole machine running at 45hz, or any other combination that best meets base speed and CHP speed requirements.