Where does the red wire that comes from the stator go to?

There's a red wire under the fly wheel that goes somewhere. It has a fused link and then its cut off its right beside the top of starter. I'm new to this stuff so any help will be appreciated and awesome site!!!

Im pretty sure its like an alternator(I don't think that's the proper name but it does the same function) and it recharges your battery so you dont have to recharge your battery.