diff --git a/requirements.txt b/requirements.txt
index 2a0135cf44..b2cf20acc4 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -2,7 +2,7 @@ numpy == 1.21.4
 scipy == 1.7.3
 pandas == 1.3.4
 matplotlib == 3.5.0
-cvxpy == 1.1.17
+cvxpy == 1.3.0
 pytest == 6.2.5 # For unit test
 pytest-xdist == 2.4.0 # For unit test
 sphinx < 4.0 # For sphinx documentation