Anthony Keidis of Red Hot Chilli Peppers
Reh Hot Chilli Peppers to release a new single; Pictured: Anthony Kiedis of the Red Hot Chili Peppers performs during the Coachella Music Festival in Indio, California April 14, 2013.Reuters/Mario Anzuoni

The time has finally come for fans of American funk/alternative rock band Red Hot Chilli Peppers to rejoice. The band recently announced on Twitter (see below) they are currently gearing up to release their latest single, "Dark Necessities," on May 5.

"Dark Necessities" will be the band's first official single since 2012's "Brendon's Death Song," which was a part of their 2011 album "I'm With You." After the release of the album, the band embarked on a successful worldwide tour to promote it in 2012. Since then, Red Hot Chilli Peppers have been rather off the radar, apart from a performance with Bruno Mars at the Super Bowl in February 2014 and a few one-off shows here and there.

The new single might just act as a sneak peak into Red Hot Chilli Peppers' 11th studio album. The band's frontman Anthony Kiedis had first announced that a new album was in the works in an interview last year, and had also projected the possible completion date for it to be May or June 2016. This was confirmed by drummer Chad Smith in March this year, when he tweeted that the mixing process of the album had begun. Although no other details about the record has been confirmed yet, the band has reportedly brought in Danger Mouse and Radiohead's producer Nigel Godrich to handle the production responsibilities.

Red Hot Chilli Peppers – consisting of Keidis, Smith, guitarist Josh Klinghoffer and bassist Michael Balzary aka Flea — will also embark on an extensive world tour from May 14 to August 27. Check out the entire schedule here.