Well, the shunt did burn up, but I wouldn't trust this unit anymore. The negative lead burned off as well. Here's a picture.
Yes, I've had a couple like that. It normally doesn't hurt the meter itself unless solder spatter has gotten on to the board someplace and shorted something out. If you remove the damaged shunt and the black leads, clean it all up with electric contact cleaner (be careful to not get it on the LCD) and test it, there's a fairly good chance the meter itself will still work.
You'll see the Kelvin sense pads under the shunt - they are two little eyelet looking things and that's where the twisted pair has to be hooked up to.
With an external shunt, the meter can totally fail and it still won't unload the turbine like it does when you burn out the internal like you did. With the external shunt the meter just senses the voltage drop across the external shunt and calculates everything like it did before. The power flows thru the external shunt, which can dissipate a LOT more heat than the tiny internal one.
I have run a Doc Wattson at continuous 70-80 amps with the 100 amp external shunt with no ill effects. Theoretically you're not supposed to load a shunt at more than about 65% of it's max rating. But I have done it many times with the external shunt and it has not hurt it.
If you really need big capacity, you can also get a 500 amp external shunt. But the meter does not read actual with the 500 amp shunt - you have to multiply the amp, amp-hours, and watts x 5 for actual when you use the 500 amp shunt.
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Chris
Edit: Kind of the test I have used to determine if the meter will still work is if when it was powered up it still showed the voltage and had the amp-hour/kWh/minimum voltage stored in it. That means the meter is still functional and the only thing damaged is the internal shunt and negative circuit where the power flows thru. When I burned up my first one I emailed the guys at RC Electronics about getting it fixed and they told me what to do and what to look for. The guy told me what happens is exactly what you see there, and just put the external shunt on and it will be fine.
Since then I've fixed another one that burned up, and put external shunts on two more that I have bought, putting the external shunt on before I even used the meter. I have never had one fail with an external shunt and I have pushed them pretty hard.
Your turbine is certainly a mess, but hopefully that is rebuildable if the generator is still good. Strong winds with an unloaded turbine are never good.