diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 1842506cfa..839bd359da 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-    ".": "10.1.0"
+    ".": "10.1.1"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9db4f9f952..f3a0d7fc15 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,13 @@
 # Changelog
 
+## [10.1.1](https://github.com/nodejs/node-gyp/compare/v10.1.0...v10.1.1) (2024-04-11)
+
+
+### Doc
+
+* add the way to configuring Python dependency for Windows PowerShell ([#2996](https://github.com/nodejs/node-gyp/issues/2996)) ([9fd7936](https://github.com/nodejs/node-gyp/commit/9fd7936f0d7232a8a79e6a7b6cbfb814d9042b13))
+* Installation -- Python >= v3.12 requires `node-gyp` >= v10 ([#3010](https://github.com/nodejs/node-gyp/issues/3010)) ([a6b48fc](https://github.com/nodejs/node-gyp/commit/a6b48fca9993e54d757cd110f6b41f8200d99ca4))
+
 ## [10.1.0](https://github.com/nodejs/node-gyp/compare/v10.0.1...v10.1.0) (2024-03-13)
 
 
diff --git a/package.json b/package.json
index 95f012fa5d..3889029b7d 100644
--- a/package.json
+++ b/package.json
@@ -11,7 +11,7 @@
     "bindings",
     "gyp"
   ],
-  "version": "10.1.0",
+  "version": "10.1.1",
   "installVersion": 11,
   "author": "Nathan Rajlich <nathan@tootallnate.net> (http://tootallnate.net)",
   "repository": {