The problem with holes in the ground for storage of things like batteries is that... they're holes in the ground. The ground, as a general guideline, actively dislikes holes in it and strives to fill them in whatever way possible. Liquid rolling in, soil creep, debris blowing past and building up, it doesn't matter - given a long enough time, a hole in the ground won't exist anymore.
You can build a hole that will hold up to this sort of stuff for a while, but that tends to be expensive - underground concrete work is neither cheap nor easy, and given the number of people injured in trench collapses who do it for a living, a serious underground hole isn't a good DIY project either.
That just leaves the maintenance, which also sucks for a hole in the ground. Anything you have to do on the batteries is easier with them on or above the ground, instead of underground in a hole. For lithium, it's fairly low maintenance but you may have to replace some BMS boards every now and then, manually check balance, etc, and for lead it's water every few months, unless you go with sealed, which are "maintenance free," but also "maintenance and status check impossible," so you really just set them and run them to failure - you can't monitor condition like you can with flooded.
It's the sort of solution that, technically, would work - it just ends up being radically more expensive and a hassle than it's remotely worth. Think "Spending $5000 to save $20/yr" sort of thing.
You see the same trend with things like the complex solar trackers that were common in the 80s and early 90s. With the cost of panels, optimizing every bit of power from them was critical, so spending an awful lot of money on support infrastructure to optimize $10/W panel production made quite a bit of practical and financial sense.
Today, with panels at $0.50/W, very few people bother with trackers anymore (for off grid installs). Most things you could improve with a tracker, you can improve with less effort and less money by just hanging more panels. Bonus: With more panels, you get more production on cloudy days when panel orientation doesn't matter (because the sky is more or less evenly lit).
I've got south facing, east facing, and west facing panels on my office, of two different brands, all fed into a single MPPT charge controller input (I do have some blocking diodes to prevent backfeeding a shaded string, though). It's not nearly as "efficient" as some other options, but it's a whole lot cheaper, and gives me more power on the low cloud days that are the rough ones. The rest of the year, I have so much power out there that I'm demand limited, not supply limited (actually, inverter limited - if I added some 48VDC loads, I could use another 5kWh/day easily).