"Cruise climb" does have a definition regarding a cruising aircraft rising to a higher altitude as it loses weight from fuel consumption. This relates more towards long range aircraft such as airliners.
A second application of "cruise climb", is one of climbing at an airspeed greater than Vy.
Looking at it in the scope of Vx, Vy, and cruise climb, we see excess thrust and Angle of Attack can be used for a steeper climb, a faster climb, or greater distance while climbing, respectively.
because angle of attack is lower at higher airspeeds, cruise climbing may be a more efficient way of gaining distance while climbing.
Why cruise climb with a glider? It wouldn't matter if it was gas or electric. One needs to go and find another thermal.
Cruise climbing the glider is really an extension of "cleaning up" slats and flaps, minimizing drag, and gaining as much distance as possible for a given amount of energy.