The development of pulsed power technology requires an electron beam accelerator with high output power and repetitive operation. A compact repetitive electron beam accelerator based on a pulse transformer and a pulse forming line of high permittivity liquid, as an essential type of one, has attracted extensive attention at the present time. In this paper, the development of a compact high energy-density electron beam accelerator, viz., HEART-20, based on a propylene carbonate (PC) forming line is presented. The accelerator HEART-20 consists of a primary energy source, a pulse transformer, a PC pulse forming line, a gas spark gap switch, and a vacuum diode. First, the operation principle of the accelerator is described. Second, the design of the accelerator's parameters is presented. A pulse transformer is developed for rapid charging of the PC-filled pulse forming line. The coupling coefficient is above 0.9, the voltage ratio is about 200, and the operation voltage is about 800kV. Third, the energy storage characteristics of PC are investigated. The insulation characteristics of PC under positive charging voltage are found to perform better than those under negative charging voltage. The insulating strength of PC can be improved by pressurization. Finally, the development of the accelerator HEART-20 is presented. Across a vacuum diode load, it can steadily operate at a 20 GW output power in 5Hz rep-rate. Moreover, it can drive a magnetically insulated line oscillator to produce about 2.0 GW microwave. These findings provide a good foundation for the development of a rep-rate intensive electron beam accelerator with promising applications for the future.