Trina says it now expects to ship 390-420MW of modules during the second quarter, compared to its prior guidance of 500-520MW.

The Changzhou-based manufacturer also believes its overall gross margin could come in as low as 7%, compared to the 10% figure it previously touted.

Those figures would still represent an improvement over the first quarter of 2012, when Trina shipped 380MW of modules, reported a gross margin of 5.8%,