In the future, the power of a commercial ocean current energy convertor will be able to reach the MW class, and its corresponding mooring rope tension will be very good. However, the power of convertors currently being researched is still at the KW class, which can bear less rope tension. The main mooring rope usually has a single cable and a single foundation. To investigate the dynamic response and rope tension of an MW-class ocean current generator mooring system, here, a similarity rule is proposed for (1) coefficients without any fluid–structure interaction (FSI) using the Buckingham theorem and (2) ones with FSI. The overall hydrodynamic drag and moment including the hydrodynamic coefficients in these two situations are represented in a Taylor series. Assuming similarity between the commercial MW-class and KW-class ocean current convertors, all hydrodynamic parameters of the MW-class system are estimated based on the known KW-class parameters and based on the similarity formula. In order to overcome the extreme tension of the MW-class system and to provide good stability, in this paper, we propose a pulley–rope design to replace the traditional single-traction-rope design. The static and dynamic mathematical models of this mooring system subjected to the impact of typhoon waves and currents are proposed, and analytical solutions are obtained. We find that the pulley–rope design can significantly reduce the dynamic rope tensions of the mooring system. The effect of the length ratio of the main traction rope, rope A, to the seabed depth on the dynamic tension of stabilizing converter rope D is significant. The length ratio is within a safe range, and the maximum rope dynamic tension is less than the fracture strength. In addition, if the rope length ratio is over the critical value, the larger the ratio, the higher the safety factor of the rope. In summary, the pulley–rope design can be safely used in an MW-level ocean current generator system.