diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index f87262aa8..bc7e4aaee 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "0.15.0"
+  ".": "0.16.0"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2bc742d5c..0c1f9f2bf 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,29 @@
 # Changelog
 
+## 0.16.0 (2024-09-25)
+
+<!-- Release notes generated using configuration in .github/release.yaml at main -->
+
+## What's Changed
+### Exciting New Features 🎉
+* feat: Build with go 1.23 by @jimmidyson in https://github.com/nutanix-cloud-native/cluster-api-runtime-extensions-nutanix/pull/889
+* feat: Enable Hubble Relay in Cilium deployment via CAAPH by @dlipovetsky in https://github.com/nutanix-cloud-native/cluster-api-runtime-extensions-nutanix/pull/899
+* feat: Extract CAAPH values templates to files by @jimmidyson in https://github.com/nutanix-cloud-native/cluster-api-runtime-extensions-nutanix/pull/896
+* feat: Build with go 1.23.1 by @jimmidyson in https://github.com/nutanix-cloud-native/cluster-api-runtime-extensions-nutanix/pull/913
+* feat: Support node taints per nodepool and control plane by @jimmidyson in https://github.com/nutanix-cloud-native/cluster-api-runtime-extensions-nutanix/pull/909
+### Fixes 🔧
+* fix: Remove deprecated toleration for node-role.kubernetes.io/master by @jimmidyson in https://github.com/nutanix-cloud-native/cluster-api-runtime-extensions-nutanix/pull/895
+* fix: Do not use digests for Cilium images by @jimmidyson in https://github.com/nutanix-cloud-native/cluster-api-runtime-extensions-nutanix/pull/901
+### Other Changes
+* test: Bump Kubernetes versions for tests by @jimmidyson in https://github.com/nutanix-cloud-native/cluster-api-runtime-extensions-nutanix/pull/893
+* ci: images tool  by @faiq in https://github.com/nutanix-cloud-native/cluster-api-runtime-extensions-nutanix/pull/822
+* build: Include Calico images in image list by @jimmidyson in https://github.com/nutanix-cloud-native/cluster-api-runtime-extensions-nutanix/pull/903
+* build: Use upstream packages again from upstream by @jimmidyson in https://github.com/nutanix-cloud-native/cluster-api-runtime-extensions-nutanix/pull/908
+* ci(main): enable creating release-please PR from release branches by @supershal in https://github.com/nutanix-cloud-native/cluster-api-runtime-extensions-nutanix/pull/912
+
+
+**Full Changelog**: https://github.com/nutanix-cloud-native/cluster-api-runtime-extensions-nutanix/compare/v0.15.0...v0.16.0
+
 ## 0.15.0 (2024-08-26)
 
 <!-- Release notes generated using configuration in .github/release.yaml at main -->
diff --git a/docs/hugo.toml b/docs/hugo.toml
index 61816fd68..975d25416 100644
--- a/docs/hugo.toml
+++ b/docs/hugo.toml
@@ -70,7 +70,7 @@ archived_version = false
 # The version number for the version of the docs represented in this doc set.
 # Used in the "version-banner" partial to display a version number for the
 # current doc set.
-version = "0.15.0"
+version = "0.16.0"
 
 # A link to latest version of the docs. Used in the "version-banner" partial to
 # point people to the main doc site.