How can I limit Parallel.ForEach?

You can use ParallelOptions and set MaxDegreeOfParallelism to limit the number of concurrent threads:

Parallel.ForEach(
    listOfwebpages, 
    new ParallelOptions{MaxDegreeOfParallelism=2}, 
    webpage => {Download(webpage);});     

Use another overload of Parallel.Foreach that takes a ParallelOptions instance, and set MaxDegreeOfParallelism to limit how many instances execute in parallel.

You can specify a MaxDegreeOfParallelism in a ParallelOptions parameter:

Parallel.ForEach(
    listOfWebpages,
    new ParallelOptions { MaxDegreeOfParallelism = 4 },
    webpage => { Download(webpage); }
);

MSDN: Parallel.ForEach

MSDN: ParallelOptions.MaxDegreeOfParallelism