The driver (in your case) does not output power to the LED, it supplies a_ constant current_ to the LED, and the voltage will vary with a specific range to maintain the current. Power is the energy used by the LED (over time), and the wattage (power) rating of an LED does not necessarily determine its brightness. This is because certain LEDs are more or less efficient than others.

When running two (identical) cells in series the voltage doubles but the capacity rating stays the same. When running two cells in parallel the voltage remains the same but the capacity doubles. Running two cells in your light, in your case, would not seem to make sense, since the driver does not seem to take advantage of the extra voltage.