My buddy, a BTO in the county to the east, has met with at least one interested party. They are after one of his fields, 360AC contiguous, with a neighbor's 240AC field. Yep, 600acres with only two landlords (that is rare over here in the S West corner). His numbers were similar to those stated above, $5-700 per acre per year, 20 year lease. They clean up everything (per contract, at least).
He's 60, and doubts he'll care 20 years from now. If he finds himself unfulfilled with his remaining 1500 acres or so, there is more land around he could go after. Maybe his son farms that and he just helps. Or, he rents it all out and enjoys his grandkids.
I'm employed by a large electric utility. We are pushing more generation towards carbon-free sources, both wind and solar. We already have one solar farm here in MI, only 40 acres, and just announced several more our the Northern IN region.
I don't see these farm fields as premium sites for generation, with little or no distribution network nearby. The one IN site is right near the tollway, and makes better sense, but I suppose the lure of mile-square property is greater than the cost of poles and wires.
I think the utilities are reaching for more evenly-distributed generation, thus reducing the costs to move the electricity. Since there is no way to store current on grid-level scale (yet), a bunch of small sites may be better than huge ones. They are definitely pushing us to reduce the cost of our carbon-free generation.
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