The present invention is directed towards a floating solar power plant. A floating Y-shaped module is a basic building block for the floating solar power plant. The Y shaped structure have the three arms which are radiating outwardly from a central point, wherein the free ends of the arms have one or more coupling means. The Y-shaped module is interconnected to produce a hexagonal space grid structure to support the solar panels. The solar panels are mounted with the help of mounting structures on the hexagonal space grid structure. The hexagonal space grid structure is enclosed in a floating enclosure to minimize the effect of the water waves on the solar power plant. The floating enclosure is also anchored to restrict the movement of the floating solar power plant. The floating solar power plant is further configured with a positioning system, altitude tracking controllers, propellers and pneumatic structures.