The primary objective of this study is to develop a sustainable and efficient renewable energy-based multigeneration system that is specifically designed to meet diverse energy demands, such as heat, cooling, electricity and hydrogen. The system comprises several subsystems: a digester for biomass processing, a solar energy collection system, a thermal energy storage system, a multistage Brayton cycle, a steam Rankine cycle with reheat, a double-effect absorption system, a sonic hydrogen production unit, and a multistage hydrogen liquefaction system. The methodology involves conducting energy and exergy analyses, economic evaluation, and environmental impact assessment to determine the system's performance and viability. The energy efficiency results show that the Brayton cycle, steam Rankine cycle and liquefaction system have efficiencies of 30.92 %, 30.18 %, and 64.53 %, respectively. The exergy efficiencies for these subsystems are 50.10 %, 67.21 %, and 11.29 %, respectively. The double-effect absorption system exhibits energetic and exergetic coefficients of performance of 1.68 and 0.64, respectively. The overall energy and exergy efficiencies of the system are 36.41 % and 55.74 %, respectively. The economic analysis indicates a significant revenue potential, with the project reaching its break-even point in 2031 and achieving a net present value of $6.60 million. The results of an environmental impact assessment study highlight a reduction in CO2 emissions compared to conventional systems, emphasizing the system's contribution to sustainable energy solutions.