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Calgary-based Sustainable Energy Technologies Ltd., a designer and manufacturer of intelligent low-voltage power electronics for distributed smart grid and energy storage applications, will now operate globally under the name Eguana Technologies Inc.

According to the company, the change in name creates an "image that is linked to high-efficiency energy storage and resilience under tough operating conditions - the shared characteristics of an iguana and the company's patented Bi-Direx energy storage inverter."

Bi-Direx is a power electronics solution for distributed residential and commercial energy storage systems.

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