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Bosch May Compete With SMA Solar on Converters, Rundschau Says

Robert Bosch GmbH plans to compete with SMA Solar Technology AG (S92) in producing alternating-current converters for solar power generators, Frankfurter Rundschau reported, citing unidentified people in the industry.

Bosch, which has yet to decide on investing in a plant to produce the equipment, plans to undercut competitors on price, the German newspaper reported in an e-mailed summary of an article.

To contact the reporter on this story: Nicholas Comfort in Frankfurt at ncomfort1@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net

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