Is there another Earth? The European Southern Observatory (ESO) might have found a habitable planet within the zone, but the organization is yet to confirm the rumors.

Various agencies around the world have been searching for habitable planets capable of harboring life. Up to this day, there are no occurances to prove that there is indeed another Earth. But ESO is about to make an announcement on Aug. 25 that might change the space exploration landscape. Could it be that a new habitable planet exists?

Reports say that ESO will make the confirmation about the habitable planet before the month ends, according to a report by Universe Today

The center of the investigation is within the Proxima Centauri. ESO has been studying the region for years using the La Silla Observatory's High Accuracy Radial Velocity Planet Searcher (HARPS).

To conduct the study, ESO also employed the Radial Velocity method to observe any signs of movements in bodies within Proxima Centauri. Earlier this month, an unknown source has ignited the rumors about a new habitable planet out of the billions of stars found in the universe. The rumors say that a new "habitable" planet was discovered and that it may be able to hold water and potentially, life.

News agencies and scientific groups are now awaiting the revelation by ESO that will be announced during the press conference. But as of the moment, ESO remains mum about the subject.

"We are not making any comment," Richard Hook, ESO spokesperson said in an interview.

The habitable planet may be found near Earth and orbits a star near the Sun, according to Metro in the UK.