diff --git a/CMakeLists.txt b/CMakeLists.txt
index fafccc68f0..bb530a94c6 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -20,7 +20,7 @@ set(CMAKE_CXX_STANDARD 11)
 set(WRENCH_VERSION_MAJOR "1")
 set(WRENCH_VERSION_MINOR "7")
 set(WRENCH_VERSION_PATCH "0")
-set(WRENCH_VERSION_EXTRA "dev")
+set(WRENCH_VERSION_EXTRA "")
 
 if (${WRENCH_VERSION_PATCH} EQUAL "0")
     set(WRENCH_RELEASE_VERSION "${WRENCH_VERSION_MAJOR}.${WRENCH_VERSION_MINOR}")
diff --git a/RELEASENOTES.md b/RELEASENOTES.md
index 7b472c905d..122af3b1ab 100644
--- a/RELEASENOTES.md
+++ b/RELEASENOTES.md
@@ -1,11 +1,26 @@
 WRENCH Release Notes
 ------
 
-### WRENCH 1.6
+### WRENCH 1.7
+
+(September 18, 2020) This release includes a series of **new features**, **enhancements**, and **bug fixes**, including:
+
+- Redesign of the WRENCH Dashboard: includes a number of graphs for visualizing the Gantt chart of the workflow execution, host utilization, network bandwidth usage, and energy consumption ([#171](https://github.com/wrench-project/wrench/issues/171), [#183](https://github.com/wrench-project/wrench/issues/183), [#184](https://github.com/wrench-project/wrench/issues/184), [#185](https://github.com/wrench-project/wrench/issues/185), [#186](https://github.com/wrench-project/wrench/issues/186), [#173](https://github.com/wrench-project/wrench/issues/173), [#195](https://github.com/wrench-project/wrench/issues/195))
+- Improvements to `BareMetalComputeService`: load is now equally distributed among hosts ([#169](https://github.com/wrench-project/wrench/issues/169)), and the service provides an API equivalent to the `squeue` Slurm command ([#176](https://github.com/wrench-project/wrench/issues/176))
+- Improvements to `CloudComputeService`: added a function to get the `ComputeService` for a VM based on its name ([#187](https://github.com/wrench-project/wrench/issues/187))
+- Improvements to `VirtualizedClusterComputeService`: added a function to get the physical host ([#190](https://github.com/wrench-project/wrench/issues/190))
+- Enabled support for capturing network link's usage during the simulation ([#182](https://github.com/wrench-project/wrench/issues/182)) 
+- Improvements to Simulation JSON output: added disk read/write failures ([#167](https://github.com/wrench-project/wrench/issues/167)), and network link usage ([#182](https://github.com/wrench-project/wrench/issues/182))
+- Added an exception handling for ensuring a link bandwidth in the platform file is not set to zero ([#181](https://github.com/wrench-project/wrench/issues/181))
+- Bug fixes and small enhancements: [#168](https://github.com/wrench-project/wrench/issues/168), [#172](https://github.com/wrench-project/wrench/issues/172), [#174](https://github.com/wrench-project/wrench/issues/174), [#178](https://github.com/wrench-project/wrench/issues/178), [#180](https://github.com/wrench-project/wrench/issues/180), [#191](https://github.com/wrench-project/wrench/issues/191), [#192](https://github.com/wrench-project/wrench/issues/192), [#200](https://github.com/wrench-project/wrench/issues/200)
+
+**Note**: WRENCH 1.7 requires [SimGrid 3.25](https://simgrid.org).
 
-(May 7, 2020) This release includes a series of new features and bug fixes, including:
+---
+
+### WRENCH 1.6
 
-This release includes a series of **new features**, **enhancements**, and **bug fixes**, including:
+(May 7, 2020) This release includes a series of **new features**, **enhancements**, and **bug fixes**, including:
 
 - Refactored the WRENCH documentation: WRENCH 101 for users, and WRENCH 102 for developers ([#156](https://github.com/wrench-project/wrench/issues/156))
 - New collection of examples provided with WRENCH distribution: over 10 examples of simulators ([#157](https://github.com/wrench-project/wrench/issues/157))
diff --git a/include/wrench/simulation/Version.h b/include/wrench/simulation/Version.h
index a658f7dace..59aa17a9db 100644
--- a/include/wrench/simulation/Version.h
+++ b/include/wrench/simulation/Version.h
@@ -9,5 +9,5 @@
  */
 
 namespace wrench {
-  #define WRENCH_VERSION_STRING "1.7-dev"
+  #define WRENCH_VERSION_STRING "1.7"
 }