diff --git a/CHANGELOG.md b/CHANGELOG.md
index c7e116ca..7dc4e2d9 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,18 @@
 
 All notable changes to this project are documented in this file.
 
+## 0.25.11
+
+**Release date:** 2022-07-27
+
+This prerelease comes with an improvement in the Helm OCI Chart to use an exact
+version when provided. This makes it possible to work with registries that don't
+support listing tags.
+
+Improvements:
+- Don't fetch tags when exact version is specified in HelmChart
+  [#846](https://github.com/fluxcd/source-controller/pull/846)
+
 ## 0.25.10
 
 **Release date:** 2022-07-13
diff --git a/config/manager/kustomization.yaml b/config/manager/kustomization.yaml
index beb4926d..f36c0c11 100644
--- a/config/manager/kustomization.yaml
+++ b/config/manager/kustomization.yaml
@@ -6,4 +6,4 @@ resources:
 images:
 - name: fluxcd/source-controller
   newName: fluxcd/source-controller
-  newTag: v0.25.10
+  newTag: v0.25.11
diff --git a/go.mod b/go.mod
index bf583ed0..592f4637 100644
--- a/go.mod
+++ b/go.mod
@@ -32,7 +32,7 @@ require (
 	github.com/fluxcd/pkg/testserver v0.2.0
 	github.com/fluxcd/pkg/untar v0.1.0
 	github.com/fluxcd/pkg/version v0.1.0
-	github.com/fluxcd/source-controller/api v0.25.10
+	github.com/fluxcd/source-controller/api v0.25.11
 	github.com/go-git/go-billy/v5 v5.3.1
 	github.com/go-git/go-git/v5 v5.4.2
 	github.com/go-logr/logr v1.2.3