diff --git a/docs/release-notes/index.rst b/docs/release-notes/index.rst
index 6b019f1b..725643ca 100644
--- a/docs/release-notes/index.rst
+++ b/docs/release-notes/index.rst
@@ -8,6 +8,7 @@ To update to the latest version, run `pip install --upgrade muse-os`
 .. toctree::
    :maxdepth: 1
 
+   v1.3.2
    v1.3.1
    v1.3.0
    v1.2.3
diff --git a/docs/release-notes/v1.3.2.md b/docs/release-notes/v1.3.2.md
new file mode 100644
index 00000000..0447ded3
--- /dev/null
+++ b/docs/release-notes/v1.3.2.md
@@ -0,0 +1,17 @@
+# Release notes for MUSE v1.3.2 (January 22, 2025)
+
+These are the main changes in MUSE v1.3.2.
+
+## Bug fixes
+
+### Fixed error with the calculation of LCOE ({github}`633`)
+
+- There was an error with the way that LCOE was calculated, which was artificially inflating commodity prices in timeslices with lower levels of production. This is now fixed.
+
+### Fixed incorrect installed year in capacity results ({github}`628`)
+
+- The "installed" column (the year that an asset was installed) was previously incorrect, and has now been fixed.
+
+## Deprecated features
+
+### Dropping the "cvxopt" solver ({github}`622`)