All cautions apply - we do not recommend exceeding the current rating of any diode without extensive testing in your application, and basically the trick is to keep the diode junctions cool. In other words, strive to get the heat out.
Here's the App Note - AN0400 - 1N6519 Power Dissipation in Oil
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|1N6519 - 10kV, 500mA, 70ns High Voltage Diode|