Need Alternator help

I've been looking at the MadElectrical diagrams:
Catalog
I just pulled the bulkhead connector off and there is some corrosion, not bad but enough to want me to try and clean them up.

If I perform this upgrade, can I just snip the off the white connector that was plugged into the back of the old alternator, heat shrink the green wire and then run a 1-wire alternator using the Mad diagrams?