Release v1.24.0/v0.118.0

[github-actions]

Like #4522, but for v1.24.0/v0.118.0
Performed by collector release manager

• [chore] Prepare release v1.24.0/v0.118.0 #12135
• Tag and release core v1.24.0/v0.118.0
• Prepare contrib release v0.118.0
• Tag and release contrib v0.118.0
• Prepare otelcol-releases v0.118.0
• Release binaries and container images v0.118.0

Performed by operator maintainers

• Release the operator v0.118.0 opentelemetry-operator#3648

Performed by helm chart maintainers

• Update the opentelemetry-collector helm chart to use v0.118.0 opentelemetry-helm-charts#1503

[codeboten]

Blocked by #12129

[codeboten]

No longer blocked

[mowies]

fyi @codeboten: open-telemetry/opentelemetry-collector-releases#797 could have some major impact on the release. Probably a candidate to revert if something goes wrong or a candidate to wait until after the release is done

[douglascamata]

As author of open-telemetry/opentelemetry-collector-releases#797, I am +1 for waiting to merge in case it gets approved before the release process is complete.