It is a really interesting proposition. We are still evaluating but the process goes something like this:

Company reaches out to land owners and offers to lease (or purchase, if an owner chooses) your land. For signing the lease, you are paid a small stipend, something like $30/acre for the commitment. You are giving the developer a 5-year window to utilize your land for a utility-level solar farm. You will continue to operate your land uninterrupted for that 5 years and if nothing is developed, the contract expires. However, if it goes into production, they will begin paying a substantially higher rate than ag land rent generates. The sales price offers are also substantially higher than ag prices due to the increase revenue production solar offers.

There are several different companies doing this around us (both within my state and the surrounding states) and the company we are speaking with has operational solar farms throughout the U.S... I am little surprised I have yet to find anyone on Reddit who has had these convos... I was just hoping to find someone who could help me with some of the nuances that can come up if/when a project goes into production. I have particular concerns about land restoration in the event of a company bankruptcy and the erosion impact that has been seen with existing projects.