Photovoltaic (PV) systems offer cost-effective power solutions for outlying islands but often compromise system stability due to reduced inertia. This study introduces a Virtual Synchronous Generator (VSG) control strategy, integrated with Energy Storage Systems (ESS) and PV, to enhance system inertia. By optimizing coordination between these energy sources, the proposed method mitigates oscillations and improves grid stability. However, PV-VSG systems are generally not favored by energy providers due to the requirement for pre-curtailment of power output. To address this, the paper proposes a parameter design method for VSG control of ESS and PV, utilizing multi-objective genetic algorithm (MOGA) optimization to simultaneously increase the frequency nadir and minimize the settling time after disturbances. Additionally, an adaptive curtailment decision and parameter design method based on artificial neural networks is introduced to enhance the feasibility of PV-VSG systems by reducing PV pre-curtailment and prioritizing PV power release and ESS charging during frequency oscillations. Real data from the Penghu Archipelago in Taiwan are used to build a dynamic model in DIgSILENT, enabling interaction with MOGA. The Value at Risk (VaR) method with dual stochastic variables is employed to assess the allowable PV installed capacity. The results show that when VaR is set at 1%, the proposed PV-VSG method can increase PV penetration by 57.5% compared to scenarios without VSG. Furthermore, compared to traditional PV-VSG methods, the proposed approach achieves a 16.8% increase in PV penetration and reduces annual PV curtailment by 25 MWh. This study also evaluates the economic impact of planners choosing different risk levels, offering valuable insights for grid development in remote or island regions.