diff --git a/CHANGELOG.md b/CHANGELOG.md
index ca488a710..a6be5327c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,18 @@
 
 All notable changes to this project are documented in this file.
 
+## 0.30.1
+
+**Release date:** 2022-10-10
+
+This prerelease enables the use of container-level SAS tokens when using `Bucket` objects
+to access Azure Storage. The Azure SDK error message has also been enriched to hint Flux
+users the potential reasons in case of failure.
+
+Improvements:
+- List objects when checking if bucket exists to allow use of container-level SAS token
+  [#906](https://github.com/fluxcd/source-controller/pull/906)
+
 ## 0.30.0
 
 **Release date:** 2022-09-29
diff --git a/config/manager/kustomization.yaml b/config/manager/kustomization.yaml
index 665c9d979..48b83f648 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: v0.30.0
+  newTag: v0.30.1
diff --git a/go.mod b/go.mod
index 8e2c986b3..2c3fee412 100644
--- a/go.mod
+++ b/go.mod
@@ -43,7 +43,7 @@ require (
 	github.com/fluxcd/pkg/testserver v0.3.0
 	github.com/fluxcd/pkg/untar v0.2.0
 	github.com/fluxcd/pkg/version v0.2.0
-	github.com/fluxcd/source-controller/api v0.30.0
+	github.com/fluxcd/source-controller/api v0.30.1
 	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