What They Do
Parallel combines simple passive carbonation of Earth-abundant minerals, electrochemistry and large scale aqueous processing to produce pure CO2 and green hydrogen together, using far less energy than those two products would require individually. Their configuration is not only very capital-efficient but also highly adaptable to intermittent energy supply.
Why It Matters
Whereas some DAC companies focus on a single headline, Parallel have taken a system view and brought together a series of technologies that jointly deliver scalability, resource efficiency, revenue diversification and a particularly strong integration with intermittent renewable energy. The elegance of their integrated techno-economic model is a testament to the rigour and creativity of Ryan and Aranza, Parallel’s co-founders.
Ryan (CEO) and Aranza (CTO), Founders of Parallel Carbon
Parallel's passive mineral carbonation + electrolysis DAC approach