That looks to be the correct mate to a blue, covered, molded connector that comes from the harness through a firewall grommet, routes along the PS firewall support bracket and goes to the starter solenoid. That is actually part of the underdash harness; 1970 is the only year that the underdash harness doesn't end just past the firewall with a set of molded connector plugs, but extends the main power feed, alternator feed, and I and S 90* terminals from that point. Every other year (well, 67-69), those leads are part of the headlight harness.
So...it could be that your alternator harness is correct (I won't vouch for that as I don't refurbish them), but that black 2 pin (3 wire) plug appears to mate with the blue plug I described earlier. The reproduction has that color for the mate on the alternator harness.