diff --git a/Cargo.toml b/Cargo.toml
index ba3e376..7687c1d 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "frequenz-microgrid-component-graph-python-bindings"
-version = "0.3.4"
+version = "0.4.0"
 edition = "2024"
 
 # See more keys and their definitions at https://doc.rust-lang.org/cargo/reference/manifest.html