diff --git a/CHANGELOG.md b/CHANGELOG.md
index 96f63a70..7e08eb33 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,14 @@
 
 All notable changes to this project are documented in this file.
 
+## 0.7.1
+
+**Release date:** 2021-01-25
+
+This prerelease changes the recorded revision for a `HelmRepository` resource
+to a SHA1 checksum, this to improve the detection of changes for repositories
+that do not correctly update their advertised generation timestamp.
+
 ## 0.7.0
 
 **Release date:** 2021-01-21
diff --git a/config/manager/kustomization.yaml b/config/manager/kustomization.yaml
index 255404bc..8c424aa1 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: v0.7.0
+  newTag: v0.7.1
diff --git a/go.mod b/go.mod
index 3819e2ba..d2093d99 100644
--- a/go.mod
+++ b/go.mod
@@ -16,7 +16,7 @@ require (
 	github.com/fluxcd/pkg/ssh v0.0.5
 	github.com/fluxcd/pkg/untar v0.0.5
 	github.com/fluxcd/pkg/version v0.0.1
-	github.com/fluxcd/source-controller/api v0.7.0
+	github.com/fluxcd/source-controller/api v0.7.1
 	github.com/go-git/go-billy/v5 v5.0.0
 	github.com/go-git/go-git/v5 v5.2.0
 	github.com/go-logr/logr v0.3.0