Solution:
- Insert USB/CD installer,
- when the installation menu appears press “e”. It will display the grub menu settings,
- In the “Linux” line, add this at the end “nomodeset”.
- Press CTRL+X or F10 to stall the installation process.
Note: If in case you encounter a “cannot run in framebuffer mode”, please follow this fix at https://forum.proxmox.com/threads/generic-solution-when-install-gets-framebuffer-mode-fails.111577/