In this discussion, the kVA and power factor are a distraction. Horsepower is the same thing as Watts - energy per unit tiime. If you want too know how much brake horsepower a genset has, you divide its kW rating by 0.746 kW/HP.
I always think of a "genset" as a set containing two basic elements, each with a separate rating; 1) the prime mover, rated in kW 2) the alternator, rated in kVA. The kW rating tells you how much real work the prime mover can do. The kVA rating is more of a measure of the thermal limits of the alternator (i.e. amps at the rated voltage.) The power factor rating of an alternator has more to do with the alternators ability to regulate voltage. Of more important concern is the power factor of the load.
If you want to talk about the total electric motor horsepower that can be connected to a genset, you have a lot more number crunching to do than just adding up brake horsepower. I'm not sure the art of generator sizing was the subject of the OP.