Floating solar power plants are a new concept that install solar panels on water surfaces rather than occupying valuable land. This decreases the cost of power generation by reducing land costs and increasing efficiency through the natural cooling effects of water. Floating solar power plants consist of solar panels mounted on a floating structure with a mooring system to keep it secure. They provide benefits like reduced evaporation and improved water quality while making use of abundant water resources for solar generation. India has begun implementing floating solar projects and is planning to build the world's largest floating solar plant.