5 Best Stocks For Beginners to Buy Now

3. Alphabet Inc. (NASDAQ:GOOGL)

Number of Hedge Fund Holders: 265

Alphabet Inc. (NASDAQ:GOOGL) is one of the best stocks for beginners to buy now. On June 23, Google and Energy Dome announced a bilateral commercial agreement for a 23MW/200MWh CO2 Battery project in County Offaly, Ireland. This initiative marks the first major deployment under their long-term partnership to scale long-duration energy storage. The system will store surplus renewable energy by compressing CO2 and releasing it through a turbine when power is needed, helping to stabilize the grid and alleviate congestion.

Located on a former peat-fired power plant site, the project repurposes brownfield land to support Ireland’s goal of reaching 80% renewable electricity by 2030. By providing dispatchable power near critical grid nodes serving the Dublin area, the CO2 Battery will reduce the need for costly transmission upgrades. Unlike lithium-ion alternatives, the technology uses readily available, off-the-shelf components, offering a more sustainable path for securing 24/7 carbon-free energy.

The project has secured necessary land, planning permissions, and a 10-year capacity contract from EirGrid, with operations expected to begin in 2028. Energy Dome intends to expand the site with a second unit, creating a dedicated long-duration energy storage hub. This deployment serves as a key blueprint for the companies’ broader collaboration to implement storage solutions across Europe, North America, and the Asia-Pacific region.

Alphabet Inc. (NASDAQ:GOOGL) is a holding company that operates Google services such as search engines, ad platforms, Internet browsers, devices, mapping software, app stores, video streaming, and more. The company also offers cloud infrastructure and platform services, collaboration tools, and other services for enterprise customers, as well as healthcare-related services and internet services.