[lathyrus_long]

It's more complicated than that, since the wavelength distribution matters--we can effectively transform green photons that the plant would have reflected into red or blue photons that it will absorb. (The plant still benefits from some green light, but less than in sunlight.) We can also supply each plant with its exact optimal PPFD and DLI. For example, lettuce may be grown under shade cloth, deliberately wasting much of the incident sunlight, because the extra light won't make it grow faster and will make it taste bitter. In a vertical farm, we can just set the LED current and spacing wherever we want.

I've heard that 1 m^2 of modern solar panels will support >1 m^2 of a low-light crop (like lettuce, unlike grain) under modern LEDs. I haven't done the math myself, and this obviously varies with climate. I think vertical farms (growing entirely by artificial light) are still uneconomic vs. greenhouses almost everywhere, per my other comment here. Supplemental artificial light in a greenhouse is of course highly economic in many climates, and Dutch growers have been using it for decades.

The cost to heat or cool a vertical farm should be lower than for a greenhouse with equivalent growing area, since it's got lower surface-area-to-volume ratio and doesn't need to be transparent. That may be important for stuff like high-end strawberries, where tight control of the day-night temperature swing enables higher sugar content. I again wouldn't expect a useful benefit for grains, though.