The ESO decision follows years of planning and discussion
The E-ELT is reported to cost a staggering €1.083 billion (approximately US$1.3 billion)
Upon completion, the E-ELT is expected to be the largest optical telescope in the world
The E-ELT will study dark matter and dark energy
The E-ELT site in northern Chile
The European Southern Observatory (ESO) council met on Monday in Garching, Germany and approved the European Extremely Large Telescope (E-ELT) program, pending the confirmation of ad referendum votes from the authorities of four member states before the next council meeting. Assuming all goes according to plan, the E-ELT is expected to begin operation early in the next decade.
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