With the rapid growth in globalization and applications, multi-utility production is the trending demand. Polygeneration systems, with the primary use of solar energy, can generate several desired outputs with the hybridization of renewable (wind, geothermal, biomass, and ocean thermal) and non-renewable (fossil-fed) resources. Polygeneration offers numerous benefits, most crucially the increase in the overall efficacy and performance of the system. Integrating other energy sources to hybridize solar-fed systems aids in eliminating solar intermittence and ensures sustainable multiple utility generation units. Such a system is always beneficial as it boosts energy savings and reduces the emission of pollutants. Apart from heating, cooling, and power, a polygeneration plant is capable of producing a range of outputs like freshwater, hot air, hydrogen, oxygen, and hot water, with proper hybridization of the resources and appropriate modeling of subsystems to utilize them. Though solar hybrid polygeneration is a promising future prospective technology, many multi-disciplinary areas like energetic and exergetic performance, energy storage, and subsystem efficiencies have not been adequately explored or undergone research. More theoretical and experimental works will instill a stronger hold on solar hybrid polygeneration sustainability. The main objective of this study is to review, analyze, and evaluate the various system configurations and the potential of solar hybrid polygeneration systems. The thermodynamic performance of polygeneration systems regards the calculation of energetic and exergetic efficiency. A profound summary of the review is reported, and accordingly certain appropriate suggestions are recommended in this work.