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On April 15 -- Tax Day -- millions of Americans got bad news from their tax software programs, about money they'd have to pay the IRS. That same day, lenders to Chinese integrated solar power company LDK Solar (NASDAQOTH: LDKYQ ) got even worse news -- the company was running out of cash and would default on a scheduled debt payment, and they would need to reschedule their payments if they hoped to get anything back at all.
So -- a real double-whammy of a day for any U.S. taxpayers who also happened to own LDK debt. But this wasn't an isolated incident, and it won't be the last debt default for China's solar companies. Who else is defaulting, and who's at risk of doing so soon?
Click to the following video and find out, as Fool contributor Rich Smith explains.
Solar power is no longer "where it's at" for energy investors. If you're on the lookout for some currently intriguing energy plays, check out The Motley Fool's "3 Stocks for $100 Oil." For free access to this special report, simply click here now.